ACI
3I0-013 · Question #258
3I0-013 Question #258: Real Exam Question with Answer & Explanation
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Question
What are the main advantages of settling an FX transaction through the CLS Bank?
Options
- ACLS eliminates foreign exchange risk and thus increases bank profits on FX deals
- BCLS minimizes the settlement risk
- CCLS reduces operational banking costs
- DCLS eliminates the settlement risk but reduces operational efficiency
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