If you think about it for say, 4 seconds, it becomes obvious why they allow it. They provide an outlet of sorts for the types of players who would otherwise try to sell for real money and get it all shut down.
Insofar as I am concerned I have no problem with an excuse of "Bored with this char, lets try another" but when it's all about e-peen (plat in bank) I think you're a fool. Nobody will ever really give a shit about your bank in EQ in RL.
On the other hand.. If your goal/joy in EQ is to have a bank acct of x plat and then you declare victory, you go man, you go..
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