ACI
3I0-012 · Question #620
The use of standard settlement instructions (SSI's) is strongly encouraged because:
The correct answer is A. It reduces operational risk. See the full explanation below for the reasoning.
Question
The use of standard settlement instructions (SSI's) is strongly encouraged because:
Options
- AIt reduces operational risk.
- BIt splits differences arising from failed settlement between the two counterparties.
- CIt removes the need for sending out SWIFT payment authorisations.
- DAll of the above.
How the community answered
(27 responses)- A74% (20)
- B7% (2)
- C4% (1)
- D15% (4)
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