Paper money is paper money, paper money and coins, and it is physical money. Remittance refers to transfer. Cash and cash are signs of foreign currency deposits, while RMB deposits have no signs of foreign currency deposits.
Cash refers to freely convertible foreign currency brought in from abroad or held by individuals. Spot foreign exchange, also known as transfer foreign exchange, is used for international exchange and international non-cash settlement, and is used to pay off international creditor's rights and debts.
What's the difference between cash and cash when they are transferred out of the country?
When remitted abroad, cash can be remitted directly. Within the scope of China's foreign exchange management policy, you can freely transfer funds from home or abroad. There is no physical transfer, but you can remit money directly or by remittance, just transfer it on the book. Therefore, it is more convenient to transfer and remit foreign exchange cash.