ProfileEXM_BANK_ACCT_REQUIRED set to N is not considered when user is entering expenses as delegate

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We have employee who are delegates for users that profile is set to N as bank account entry is not required.
For delegates though bank account entry is is required. When delegates set profile to Y they are not able to enter expenses report for users who have profile set to N.

Is this standard functionality of the profile logic ?

I am adding screenshot of the sample case

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