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A new version of RMB appeared on 20 19, and now electronic payment is very convenient. Does the emergence of the new version of RMB have practical significance?
As a traditional currency in China, RMB is irreplaceable in both value and status.

1. Banks need a lot of money every day. In the morning, the armored truck transports hundreds of thousands of millions of cash to the bank, and at night, it is transported to the bank vault for centralized custody, and more cash is returned to the central bank vault.

Although it is convenient to pay by mobile phone, most people still keep a sum of cash in their hands, and there is a great demand for cash during the Chinese New Year.

3. All kinds of physical stores, shops and vendors still collect a lot of cash every day and deposit it in the bank.

4. The normal transactions between enterprises and most cities in China still use huge amounts of cash.

Tips: The above contents are for reference only.

Reply time: 202 1- 12-27. Please refer to the latest business changes announced by Ping An Bank in official website.