no. The credit card repayment is authorized to China Bank, and China Bank is authorized in the agreement to automatically deduct from the designated account, so China Bank can directly deduct from the designated account for repayment. However, other banks' credit cards will not take the initiative to deduct money. BANK OF CHINA was formally established on February 5, 1912 with the approval of Dr. Sun Yat-sen. In 222, the total assets were 28.9 trillion yuan. The head office is located at No.1 Fuxingmennei Street in Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial unit.