Foreign currency cash is concrete and real foreign currency notes and coins. When customers want to transfer cash abroad, they can take it with them or remit money. However, when customers use remittances, because cash is in physical form, banks must transport it abroad, and the transportation costs are borne by customers, which are embodied in "cash sales and foreign exchange purchases" (customers sell cash and buy cash). It can be seen that cash cannot be converted into the same amount of cash. If cash is converted into cash, customers will suffer some foreign exchange losses.

First, the difference between cash and cash:

1. They have different meanings: cash is a physical form, which refers to specific banknotes and coins. Cash refers to payment vouchers expressed in foreign currency, which can be freely converted into foreign currency. For example, major western currencies, such as the US dollar, the British pound and the German mark; 2. The essence of the two is different: the essence of cash is that when customers want to transfer cash abroad, they can carry it or remit it. Cash refers to foreign exchange bills remitted or carried from abroad and transferred into personal bank accounts;

3. The management of the two is different: the cash purchase price is lower than the cash purchase price, and the sales price of the two is equal.

Second, commercial banks, referred to as CB for short, are banks that undertake credit intermediary responsibilities through deposits, loans, remittances, savings and other businesses. The main business scope is to absorb public deposits, issue loans and discount bills. General commercial banks have no right to issue money, and the traditional business of commercial banks is mainly deposit and loan business.

From August 20 14 1 day, the account management fee, annual fee and handling fee for individual customers to withdraw pensions from different places are conditionally exempted, and some charging standards are reduced. The highest handling fee for individual cross-bank counter transfer and remittance is 50 yuan, and the highest handling fee for enterprise cross-bank counter transfer and remittance is 200 yuan.

Third, the management mode.

From the development of commercial banks, commercial banks have two business models. One is the British model. Commercial banks mainly finance short-term commercial funds, which have the characteristics of short loan term and strong liquidity. In other words, they borrow deposits at lower interest rates and issue loans at higher interest rates. The deposit-loan spread is the main profit of commercial banks. This business model is good for banks because it is safe and reliable. The other is German-style, with comprehensive business. Commercial banks not only finance short-term commercial funds, but also finance long-term fixed capital, that is, engage in investment banking business.