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3I0-013 · Question #250

3I0-013 Question #250: Real Exam Question with Answer & Explanation

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Question

You have received the requisite notification from a non-swapping counterparty that their USD correspondent is to be changed from Bank A to Bank B taking effect from value date 15 June. On 14 June, you buy JPY 50,000,000 from your counterparty against USD for value spot. What payment will you execute?

Options

  • AUSD payment to Bank A
  • BUSD payment to Bank B
  • CJPY payment to Bank A
  • DJPY payment to Bank B

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