Free foreign exchange, also known as “freely convertible foreign exchange” and “spot foreign exchange”, refers to foreign currencies and payment methods that can be freely exchanged into currencies of other countries without the approval of foreign exchange management authorities, or can be paid to third parties.
There are more than 50 currencies in the world that are freely convertible, mainly including the US dollar, the British pound, the Japanese yen, the Hong Kong dollar, the Swiss franc, the Singapore dollar, the Canadian dollar, the Australian dollar, the euro, the New Zealand dollar and other currencies, as well as the currencies expressed in these currencies. Money order, check, stock. Bonds and other payment certificates and credit certificates are free foreign exchange.
