Foreign currency remitted from abroad is not regarded as foreign exchange at present, and shall be settled at the spot purchase price at the time of settlement. If the cash is changed into cash after withdrawal, it will be settled according to the purchase price of cash. The cash purchase price is lower than the cash purchase price, which means that the same amount of foreign currency cash can be exchanged for more RMB than foreign currency cash.
According to the exchange rate published in the foreign exchange quotation of Bank of China, the bank's cash purchase price is 65,438+000 Singapore dollars to 453.77 yuan, while the cash purchase price is 65,438+000 Singapore dollars to 444.2 yuan only. From here, we can see that it is also 100 yuan in cash and Singapore dollar in cash, so cash is 9.57 yuan more than cash.