ACI

3I0-013 · Question #101

When is the general cut-off time for interbank payments using TARGET2?

The correct answer is C. 18:30 (6.30 p.m.) Central European Time (CET). See the full explanation below for the reasoning.

Question

When is the general cut-off time for interbank payments using TARGET2?

Options

A17:00 (5.00 p.m.) Central European Time (CET)
B18:00 (6.00 p.m.) Central European Time (CET)
C18:30 (6.30 p.m.) Central European Time (CET)
D18:30 (6.30 p.m.) CET, but on the last minimum reservefulfillmentday (23rd of a month)

How the community answered

(46 responses)

A
2% (1)
B
15% (7)
C
74% (34)
D
9% (4)

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Full 3I0-013 Practice