ACI
3I0-013 · Question #21
What are the principal functionalities of interbank funds transfer systems?
The correct answer is D. The transfer of information and settlement. See the full explanation below for the reasoning.
Question
What are the principal functionalities of interbank funds transfer systems?
Options
- AThe matching of confirmations
- BThe dealing and archiving of payment orders
- CReconciliation and correspondent banking
- DThe transfer of information and settlement
How the community answered
(56 responses)- A11% (6)
- B4% (2)
- C5% (3)
- D80% (45)
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