ACI
3I0-013 · Question #106
What is the standard for settlement of cross-border DVP systems?
The correct answer is B. T+4, meaning that settlement is due four days after the deal date. See the full explanation below for the reasoning.
Question
What is the standard for settlement of cross-border DVP systems?
Options
- AT+3, meaning that settlement is due three days after the deal date
- BT+4, meaning that settlement is due four days after the deal date
- CT+1, meaning that settlement is due one day after the deal date
- DT+2, meaning that settlement is due two days after the deal date
How the community answered
(19 responses)- A5% (1)
- B74% (14)
- C5% (1)
- D16% (3)
Community Discussion
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