ACI
3I0-013 · Question #19
3I0-013 Question #19: Real Exam Question with Answer & Explanation
The correct answer is A. Final settlement of interbank funds transfers on a continuous, trade by trade basis throughout. See the full explanation below for the reasoning.
Question
Which of the following best describes the main benefit of the RTGS payment system?
Options
- AFinal settlement of interbank funds transfers on a continuous, trade by trade basis throughout
- BLower costs through fewer payments passing through nostro accounts
- CLower costs through lesslaborintensive methods
- DReduced market risk due to smaller values of open positions
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