If you use BASSMIDI 2.4.1, Yes, you can

I suggest you to use soundfonts.
BASSMIDI 2.4.1
An extension enabling the playback of MIDI files and real-time events, using SF2 soundfonts to provide the sounds. C/C++, Delphi, and Visual Basic APIs are included. An example soundfont (and example MIDI files) is available too.
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JM-DG