cash exchange

Currency trading transaction

Cash exchange refers to the direct swapping of physical currency, either converting one nation's money into another's or trading cash for goods or services without intermediaries.

A cash exchange booth at an airport handles currency conversion.

The term also describes any transaction conducted in cash rather than through electronic payment or credit: They preferred a cash exchange to avoid fees.

Related

bills · coins · register · checkout · conversion · foreign · bureau · transfer · greenbacks · tender · payment · money order · withdraw · counter · merchant · till · receipt · dollar

Categories
Opposites
payment method

cash exchangecredit transfer

Moving value between accounts

credit transaction · deferred payment · financing · installment plan · loan

transaction timing

cash exchangedeferred payment

Buying before paying

payment plan · promissory note · accounts payable · pay later

tangibility of medium

cash exchangeelectronic transfer

Digital funds transmission

digital payment · wire transfer · bank transfer · online payment · contactless payment

Family

cash, exchange, cashes, cashed, cashing, cashier, cashiers, exchanges, exchanged

Familiarity
Top 500,000
Profile
Known to kids · Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G