Yes, but it cannot be used for purposes other than laws and regulations such as the property market and stock market.
According to the relevant regulations, the document reminds: It can be used for all legal and compliant consumer expenditures such as home decoration, car purchase, education, medical care, etc. It cannot be used for non-declared purposes and personal expenditures prohibited by laws and regulations.
Bank of China is a large state-owned bank managed by the central government and a deputy ministerial level unit. It was established on February 5, 1912 with the approval of Dr. Sun Yat-sen.
Bank of China's business scope covers commercial banking, investment, securities, funds, aircraft leasing, etc., and has been listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange.