Depends on the bms. Most bms require the cell 1 slot to be 4.2V max, or 3.7 if LiFePO4. If it's higher than that, it'll trigger the over voltage protection.
However, if a bms could work at that level, the further away from the cell level you go, the worse imbalance could occur. Just because the "pack" is the proper voltage doesn't mean the "cells" are proper voltage.
7.4, sure. But 1 cell could be 2.4 and the other 5V.