ACI
3I0-013 · Question #36
3I0-013 Question #36: Real Exam Question with Answer & Explanation
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Question
The use of standard settlement instructions (SSI's) is strongly encouraged because:
Options
- AAdealer does not need to confirm payment details by phone
- BIt splits differences arising from failed settlements between the two counterparties
- CIt eliminates the need to send out SWIFT paymentauthorizationson a case-by-case basis
- DIt avoids having to confirm each deal separately
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