Banknote collection signs, which are easy to understand

Source: Internet
Author: User
Cash note refers to various currency notes and coins. It is a visible and tangible currency note. Deposit the foreign currency cash into the bank to form a resident's foreign currency cash account. Cash exchange, also known as transfer foreign currency, is used for international exchange and International Non-cash settlement, and used to settle international creditor's rights and debts. For example, the remittance amount of a foreign bank (Foreign Currency Check and money order ). The current settlement account refers to the account for transferring foreign currency bills to or from Hong Kong, Macao, Taiwan or outside China. Because the cost of accepting banknote transactions is higher than that of settlement transactions, the settlement price is generally better than the cash price. Cash notes and cash receipts are signs of currency exchange for foreign currency deposits.

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