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ACI

3I0-013 · Question #28

What is an essential feature of nostro reconciliations?

The correct answer is C. That they are performed in a timely and efficient way. See the full explanation below for the reasoning.

Question

What is an essential feature of nostro reconciliations?

Options

  • AThat a daily nostro reconciliation report is sent out to the correspondent bank
  • BThat they are performed before the next business day
  • CThat they are performed in a timely and efficient way
  • DThat open items are booked on an internal account

How the community answered

(28 responses)
  • A
    11% (3)
  • B
    4% (1)
  • C
    79% (22)
  • D
    7% (2)

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Full 3I0-013 Practice