Buying price Selling price Buying price Selling price What do these terms mean?

Foreign exchange buying price: that is, the spot exchange rate, which refers to the bank's foreign exchange.

Selling price: The selling price of spot foreign exchange, which refers to the price at which the bank sells foreign exchange.

Banknote purchase price: that is, the price of banknotes, which refers to the price of foreign currency of the bank.

Banknote selling price: that is, the selling price of banknotes, which refers to the price at which the bank sells foreign exchange.

In general: Cash Selling Price, Spot Exchange Selling Price, Spot Exchange Price, Cash Price, Cash Price.

Foreign exchange buying price: The foreign exchange buying price is the spot foreign exchange price, which refers to the bank's foreign exchange.

Selling price: The selling price is the spot buying price, which is used by foreign exchange banks when selling foreign exchange to customers.

Banknote purchase price: that is, the price of banknotes, which refers to the bank's foreign currency cash and the customer's sale of foreign currency cash. Or the exchange rate used by the bank's ** foreign currency cash.

Banknote selling price: that is, the selling price of banknotes, which is the price at which you buy foreign currency banknotes from the bank in RMB.

The meanings of these nouns are as follows:

Banknote purchase price, that is, the cash price: The cash price refers to the bank's foreign currency cash and the customer's sale of foreign currency cash.

Foreign exchange purchase price, that is, spot exchange ** price: Spot foreign exchange refers to foreign currency bills and vouchers remitted from abroad or brought in and sent from abroad. The spot exchange rate refers to the bank's "spot exchange" in the national currency.

Banknote selling price, that is, the selling price of banknotes: The selling price of banknotes simply means that the bank sells foreign currency to you and uses the local currency (RMB) to exchange the bank for foreign currency.

The selling price of a foreign exchange, i.e. the selling price of a spot exchange, is the exchange rate at which a bank sells its quasi-currency. It refers to the foreign currency sold by the bank to the customer, which is used by the customer when purchasing foreign exchange.

If your foreign exchange is directly deposited to your bank, your account is a cash account, and you will look at the selling price of cash when you make a transaction. If your foreign exchange is remitted to your account in China through a foreign bank, your account is a spot account, and you will trade based on the selling price of spot exchange.

As a direct result, you will get a little more USD or RMB after trading in spot exchange than you will get in cash.

Spot exchange price: refers to the bank's foreign currency spot exchange and the customer's sale of foreign currency spot exchange.

Spot exchange selling price: refers to the foreign currency spot exchange sold by the bank and the customer's foreign currency spot exchange.

Cash price: refers to the bank's foreign currency cash and the customer's sale of foreign currency cash.

Selling price of banknotes: refers to the amount of foreign currency notes sold by the bank and the foreign currency cash sold by the customer.

Spot exchange rate (foreign exchange buying price): bank foreign exchange price.

Cash ** price (banknote purchase price): the bank's ** foreign currency cash **.

Spot Selling Price (Selling Price): The amount at which the bank sells foreign exchange.

Selling price of banknotes (banknote selling price): The amount of money sold by a bank in a foreign currency**.

1. Foreign exchange buying price: spot foreign exchange ** price: Spot foreign exchange refers to foreign currency bills and vouchers remitted from abroad or brought in and sent from abroad, and the main overseas remittances and traveler's checks that can be often contacted in our daily life are the main ones.

The spot exchange rate refers to the bank's "spot exchange" in the national currency.

2. Selling price: Spot selling price: The selling price of spot exchange is the exchange rate at which the bank sells its quasi-currency. It refers to the foreign currency sold by the bank to the customer, which is used by the customer when purchasing foreign exchange.

3. Banknote purchase price: cash price: cash price refers to the bank's foreign currency cash and the customer's sale of foreign currency cash.

4. Banknote selling price: banknote selling price: Simply put, the banknote selling price means that the bank sells foreign currency to you and uses the local currency (RMB) to exchange the bank for foreign currency.

Spot exchange rate: refers to the foreign currency spot exchange in the hands of the bank**customer**, which is used when the customer converts the foreign currency spot exchange held by the customer into RMB (foreign exchange settlement).

Cash price: refers to the foreign currency cash in the hands of the bank**customer**, which is used when the customer converts the foreign currency cash held by the customer into RMB (foreign exchange settlement).

Spot exchange selling price: refers to the foreign currency sold by the bank to the customer**, which is used when the customer converts the RMB held by the customer into foreign currency spot exchange (foreign exchange sale).

Selling price of banknotes: refers to the bank's sale of foreign currency notes to customers**, which is used when customers exchange their RMB holdings for foreign currency notes (foreign exchange sales).

Bank of China Conversion Price: It is a noun in foreign exchange speculation, and the Bank of China conversion price is equivalent to the benchmark price, and if there is no benchmark price, the middle price converted by the Bank of China itself. The Bank of China Conversion Rate is the middle price used by Bank of China internally, and has no effect on general customers.

It is mainly used for the conversion between currencies in internal accounting, and is also used for internal liquidation after foreign exchange purchase to calculate the profit and loss of the business.

The difference between them is the difference between **. The details are as follows:

Exchange rate mid-price: The People's Bank of China announces the price of the US dollar and other trading currencies against RMB in the interbank foreign exchange market on the same day after the market closes, as the mid-price of the currency against RMB on the next working day.

The middle price of the exchange rate = (spot exchange rate ** price + selling price) 2.

Cash price: The cash price refers to the bank's foreign currency cash and the customer's sale of foreign currency cash.

Spot exchange rate: Spot exchange refers to foreign currency bills and vouchers remitted from abroad or brought in and sent from abroad.

Selling price of banknotes: The selling price of banknotes simply means that the bank sells foreign currency to you and uses the local currency to exchange the foreign currency with the bank.

Spot Selling Price: The spot selling price is the exchange rate at which a bank sells its quasi-currency. It refers to the foreign currency sold by the bank to the customer, which is used by the customer when purchasing foreign exchange.

Banknote: refers to cash, the banknote in hand;

Remittance: refers to the amount of foreign currency funds deposited in banks;

Generally, the purchase price of foreign exchange is higher than the purchase price of banknotes;

If you want to use banknotes, you buy banknotes, and the exchange loss will be higher;

If it is used for international remittance, you buy foreign exchange, and the exchange loss will be lower;

Preface: With the continuous development of the times, the economy has also continued to develop. The financial market has always been a major means of money in the special zone.

So, what does the purchase price and the foreign exchange purchase price mean? And what is the difference between this? I will share it with you below.

1. The meaning of cash ** is that the purchase price of banknotes is purchased in cash** refers to the price of foreign currency of the bank. Because foreign currency is not in circulation in the country, it is necessary to convert the foreign currency within the bank, because the bank needs, including therefore setting a certain fee. Banks only start to calculate interest when a society's foreign currency deposits are remitted from foreign banks.

When exchanging foreign banknotes, banks need to pay on-site intelligence fees, transportation costs, and packaging fees. These costs are collectively the difference between the ** price of the current cash and the ** price of the spot exchange. <>

2. The meaning of the foreign exchange purchase price and the bank's foreign exchange price, that is, the spot exchange rate. The difference between the school council and the pre-court court is that the first meeting can pay the remittance fee and return to the foreign bank, while the cash also requires additional transportation costs, insurance premiums and management fees, so there is a difference between the purchase price. <>

Third, reasonable purchase activities and purchase at the same time also need to have a good attitude, shareholders need to have a general understanding of the market before buying. At the same time, the popular companies in the market with good development prospects and strong financial strength are the best choice for shareholders to buy, which can enable investors to get more benefits to a certain extent and reduce the risk of their purchases. Popular** generally has strong trading volume and is highly liquid.

It is very convenient to transfer the popular ** that shareholders urgently need to use money. Companies with good development prospects have a lot of room for appreciation, so they are of great help to shareholders to increase their value. At the same time, shareholders also need to correct the mentality of buying **, and reasonably look at the loss and profit of **.

Banknote purchase price: cash ** price, refers to the price of the bank's ** foreign currency; Foreign exchange buying price: spot exchange price, refers to the bank's foreign exchange. Cash remittance can be sent directly abroad, and if cash is to be remitted abroad, additional transportation and insurance fees need to be paid.

The banknote purchase price refers to the bank's foreign currency; The foreign exchange purchase price refers to the bank's foreign exchange, there is a difference between the two, the foreign exchange purchase price is the original price, but the banknote purchase price is paid in cash, and the cash needs to be transported abroad to pay transportation costs and handling fees.

It should be the meaning of the ** of the buying price and the one being sold, all of which are traded on the Internet, so there is a gap between the **.