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The difference between cash and cash exchange funds
As far as purchasing funds is concerned, fund cash and cash exchange are two different forms for customers to hold foreign exchange assets:

1. Cash refers to foreign currency bills remitted or brought in from abroad, transferred to personal bank accounts and opened corresponding cash accounts;

2. Cash refers to foreign currency cash or money deposited in a bank in foreign currency, and a corresponding cash account is opened.

Tips: The above information is for reference only.

Reply time: 202 1- 12-02. Please refer to the latest business changes announced by Ping An Bank in official website.