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What are cash accounts and cash accounts?
(China Merchants Bank) The difference between foreign currency cash and cash: Foreign currency cash generally refers to the money you deposit in your card with foreign currency cash or the cash you exchange when purchasing foreign exchange; Cash generally refers to the cash exchanged when importing or purchasing foreign exchange from abroad; Foreign currency cash can only be paid if it is shipped abroad, and the bank that delivers cash has to bear the expenses such as freight, insurance and interest, so banks generally have to make a certain difference in the price of personal foreign exchange transactions. You can also see the types of dollar deposits in savings accounts. Tips: If you need to withdraw foreign currency cash in China, you can choose to convert it into cash when purchasing foreign exchange. If you need to remit abroad, please choose cash when purchasing foreign exchange.