The Excel clipboard has a more complex model:
- If the copied data is pasted in the same Excel instance, then the system clipboard isn’t used at all and native Excel objects are pasted.
- If data is pasted in an OLE-enabled application (e.g. Word or PowerPoint), then an OLE-specific method is used.
- If the data is pasted into another Excel instance or into another application, then the system clipboard is used, but without the possibility to transfer native Excel objects, only csv, RTF, html, text, image, or an ancient spreadsheet-like format called SYLK.