Banks buy foreign currency cash or cash, and the prices at which customers sell foreign currency cash or cash are called cash purchase price and cash purchase price respectively;

On the contrary, when the bank sells foreign currency, the price at which the customer buys foreign currency is called the selling price, which is not divided into cash and cash;

The median price is the standard for banks to set their own quotations through the benchmark price of safe, which is generally the average of the spot foreign exchange buying price and selling price of banks. When handling the settlement and sale of foreign exchange, you can directly refer to the buying price/selling price.