Cash have over a long history.The first samples of cash in the form of coins appeared more than 2500 years ago in what is now Turkey, Lydian state.But the broad appeal coins received about 450 BC in Persia, when the king Darius replaced them the exchange of goods, including as money is usually used skins, metal bars, shells, animals and so on. Paper money originated nearly 800 years after thethe invention of paper, at the end of the first millennium BC, in China (910 years), where they received the mass circulation.
Today, the term "cash" refers to coins and banknotes, which, in accordance with the legislation of the Russian Federation issued by the Bank of Russia.Central Bank of the country has the exclusive right to issue cash, counterfeit money is punishable under the Criminal Code.
Cash - is primarily a means of calculation for individuals (citizens) are not engaged in entrepreneurial activities, ie. E. For those cases when a person buys something for yourself.Some large transactions in cash are subject to control (for example, if an individual has bought for himself securities worth more than 600 thous. Rubles and paid in cash).
A significant part of the operations carried out between enterprises and organizations (legal entities) or organizations and individuals in business activities should be carried out by bank transfer.
However, for payments between individuals and legal entities may apply the cash and non-cash money.At the same time cash transactions of the enterprise is carried out in accordance with the regulations governing cash operations, including non-cash payments for bank card payments, when, after reading the information on the card is issued to the buyer a check.
Unlike the cash flow, the clearing is carried out only through the authorized credit organizations through the execution of the payment order, check, letter of credit or collection operation.
Cash and non-cash payments have their advantages and disadvantages.The disadvantages of non-cash payments include the fact that many agencies and institutions in our country is not yet supported by calculations of bank cards to individuals.E. In the majority of the population of small shops can not buy goods by wire transfer.The number of fraudulent transactions, non-cash transactions made with the card, every year does not decrease.Dishonest waiters in a restaurant, for example, can write off the map by an amount greater than the one on which the services are rendered.ATMs often puts readers, allowing fraudsters to steal money from the card.
On the other hand, the card allows you to carry large amounts of electronic records.If it is lost, and timely blocking of the money in the account, nothing happens, as opposed to lost or damaged coins or banknotes - although the Bank of Russia and takes to exchange worn and damaged paper money under certain conditions.
Russian reality suggests that a person with a need to always be cash for small payments.And the farther away from the major cities, the greater the need for it in cash.However, wearing a large amount with them not always secure (and this is a big lack of cash), so in addition to coins and paper money is better to have a bank card, which has a wide network of branches and ATMs, where you can always remove the desired amount.