Weihai Blue Ocean Bank is a formal financial institution approved by China Banking Regulatory Commission. It is registered in Weihai Municipal Market Supervision Administration, has a license to engage in financial business and enjoys the protection of deposit insurance regulations. If Blue Ocean Bank goes bankrupt due to poor management, the principal and interest within 500,000 yuan will be paid by the deposit insurance fund management institution, and the payment time is required to be completed within 7 days, which is very safe.