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The difference between funds and cash when issuing funds

The main differences between issuing funds and cash are: 1. Different nature.

The issuance fund is the country's reserve fund for currency issuance and the country's currency to be issued; cash is the actual currency that the country has given to forced circulation in the form of law.

2. The subjects of management are different.

The management entity for issuing funds is authorized by the state, and the authority in China that controls currency issuance is the People's Bank of China; the management entity for cash is all social strata, units and individuals with cash income.

3. Value forms are different.

The issuance fund is not a currency in circulation and does not have a value symbol. Its value is reflected in printing costs, transportation and management fees; cash is a currency in circulation and has a value symbol, and its value is reflected in general equivalents.

4. Different circulation forms.

The issuance funds flow through the allocation order issued by the superior bank. Without the allocation order from the superior bank, no unit or individual has the right to use it; while cash is circulated according to the needs of the holder.