Is Xuanyuan Village Bank a regular bank?

Ordinary. Xuanyuan Village Bank is a formal bank approved by the State Council. Xuanyuancun bank card has no handling fee for any ATM withdrawal in the country, and no handling fee for card opening. Banks are financial institutions established in accordance with the law to operate monetary credit business, and they are the products of the development of commodity monetary economy to a certain stage. Banks are one of the financial institutions. Banks are divided into central banks, policy banks, commercial banks, franchised institutions, investment banks and the World Bank, with different responsibilities.