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Is Happiness Village Bank formal?

Ordinary.

Happiness Village Bank is a banking financial institution under Changshu Rural Commercial Bank Group, which was established with the approval of China Banking Regulatory Commission. As a village bank, it provides various financial services, including deposit, loan, payment and settlement. Happiness Village Bank abides by relevant national laws, regulations and regulatory requirements, and accepts the supervision and guidance of China People's Bank and China Insurance Regulatory Commission.