Is Rural Commercial Bank a formal national bank and is it safe?

Yes, safe. According to information from the China Legal Network, Rural Commercial Bank is a legal financial institution approved by the China Banking and Insurance Regulatory Commission. It accepts the supervision and management of the China Banking and Insurance Regulatory Commission. It has legal effects, is a formal bank, and is very safe. Rural Commercial Bank, referred to as: Rural Commercial Bank, Rural Commercial Bank, is a joint-stock local financial institution composed of farmers, rural industrial and commercial households, corporate legal entities and other economic organizations within its jurisdiction.