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3I0-013 · Question #100

3I0-013 Question #100: Real Exam Question with Answer & Explanation

The correct answer is B. It is an electronic settlement between Western Union and Clearcom. See the full explanation below for the reasoning.

Question

With respect to financial payments, what does"bridge"mean?

Options

  • AIt refers to an electronic settlement between Euroclear and Clearstream
  • BIt is an electronic settlement between Western Union and Clearcom
  • CIt refers to the relationship between two correspondent banks
  • DIt designates the exchange of payment orders between a nostro and a vostro account

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