nerdexam
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)
  • A
    11% (6)
  • B
    4% (2)
  • C
    5% (3)
  • D
    80% (45)

Community Discussion

No community discussion yet for this question.

Full 3I0-013 Practice