I think it really depends on the exact service and Microsoft’s policies and don’t normally need an agency account just to run ads but the offer and website still need to pass the review.
You can run Bing Ads policies for your category because an agency account does not automatically make a restricted offer eligible for ads as approval depends on the offer and landing page.
I think you can run Bing Ads if your offer complies with their policies because a regular Bing Ads account is usually enough and you don't need an agency account unless you're managing multiple client accounts.
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