nerdexam
ACI

3I0-013 · Question #167

What is the meaning of "good value" in FX?

The correct answer is A. The funds must be in the nostro account of the beneficiary institution by close of business. See the full explanation below for the reasoning.

Question

What is the meaning of "good value" in FX?

Options

  • AThe funds must be in the nostro account of the beneficiary institution by close of business
  • BThe funds must be in the nostro account of the beneficiary institution by the beginning of
  • CThe value of interest to be received is higher than the value of fees to be paid
  • DThe funds must be in the internal cash account of the clearing house by close of business

How the community answered

(50 responses)
  • A
    84% (42)
  • B
    10% (5)
  • C
    2% (1)
  • D
    4% (2)

Community Discussion

No community discussion yet for this question.

Full 3I0-013 Practice