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)- A11% (3)
- B4% (1)
- C79% (22)
- D7% (2)
Community Discussion
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