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What's the difference between ICBC's dollar account bills and remittances?
Dollar bills are dollars in cash. You can deposit and withdraw cash freely, but you can't remit it directly abroad. When handling cross-border remittance from cash account, a "bill transfer fee" should be paid. You need to remit money after buying foreign currency. It is recommended that you choose "cash remittance" when purchasing foreign currency. .

Remittances in US dollars can be bought and sold freely in the international financial market, remitted abroad, cashed or remitted.

Extended content

"Cash" in foreign exchange business refers to foreign currency cash or money deposited in banks in the form of foreign currency, and "cash exchange" refers to foreign exchange that can be freely bought and sold in the international financial market, repaid internationally and freely converted into other countries' currencies. When you purchase foreign exchange through online banking or mobile banking, please select banknote identification according to the purpose of foreign exchange. Reminder: 1. Because the foreign currency cash account needs to pay the "remittance fee" when handling cross-border remittance, if you need to remit money after purchasing foreign currency, it is recommended that you choose "cash remittance" when purchasing foreign currency. 2. Only under the premise of complying with the relevant provisions of the foreign exchange bureau, when handling overseas remittance, purchase of bills of exchange, etc., can you apply for handling banknote remittance business.

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