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What is "the commission fee of cash to FX"?
 
The commission fee of cash to FX refers to the fees charged by bank when customers change their foreign currency account into FX account. Since foreign currencies cannot be used for payment in China, expenses will occur in the process of packing, transportation and insurance. While as a kind of foreign currency on account, spot exchange only need to be wired between accounts when it is used for foreign payment.

(2016-05-10)
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