3I0-013 Exam Questions
296 real 3I0-013 exam questions with expert-verified answers and explanations. Page 3 of 6.
- Question #103
Which of the following is a US payment system?
- Question #104
Which SWIFT message type is not accepted in TARGET2?
- Question #105
What is a loro or vostro bank account?
- Question #106
What is the standard for settlement of cross-border DVP systems?
- Question #107
If a bank incurs interest charges from having overdrawn an account due to a late payment from acounterparty:
- Question #108
What is the cut-off time for a same day customer payment using TARGET2?
- Question #109
You find that you have paid an amount to the wrong counterparty. What action should you take?
- Question #110
The use of a net open positions report:
- Question #111
You have 10 credited amounts of 1 million each with same value date and same currency. Which of the following items is most helpful in reconciling these amounts?
- Question #112
Why should the maturity profile of unreconciled items be frequently reviewed?
- Question #113
Why is securities reconciliation necessary?
- Question #114
What criteria should reconciliation escalation be based on?
- Question #115
Physical securities reconciliation software packages are based on:
- Question #116
What is the main purpose of nostro reconciliations?
- Question #117
When completing a nostro reconciliation, what does an unresolved ledger debit signify?
- Question #118
A counterparty pays your bank USD 10,000,000.00 5 days late requiring you to pay overdraft charges of 8% p.a. What expenses would you claim from the counterparty in GBP at an excha...
- Question #119
Loan/deposit input and mismatch analysis capability belongs to which module in a treasury system?
- Question #120
What is the Bank Identifier Code (BIC)?
- Question #121
Which country does the BIC-address BKENGB33CUS belong to?
- Question #122
Which of the following is an example of market risk?
- Question #123
What does FSA stand for?
- Question #124
Bank A has a large number of forward OTC trades with Bank B. What risks will be reduced by concluding a netting agreement?
- Question #125
The market standard legal agreement for Interest Rate Swaps is:
- Question #126
The process used to disguise the trail of laundered funds within the financial system is known as:
- Question #127
Settlement risk is:
- Question #128
In the weekend newspapers you read that one of your FX counterparties has gone into liquidation. You have no netting or close-out agreements in place with this counterparty and rem...
- Question #129
The CLS-Bank (Continuous Linked Settlement) is one of the ways through which FX transactions can be settled. Why was this bank founded?
- Question #130
Your dealer has sold USD 10,000,000.00 against JPY at a rate of 95.00. In settlement you would expect to:
- Question #131
What are the factors determining if a FX transaction can be settled through the CLS Bank?
- Question #132
Which of the following are examples of"contracts for difference"?
- Question #133
How is a call money market transaction generally confirmed?
- Question #134
Today is Friday, 28 July. Considering that there is a bank holiday in Switzerland on Tuesday, 1 August, what is the value date of a money market deal in CHF?
- Question #135
Under normal circumstances, which of the following is a non-negotiable instrument?
- Question #136
A dealer, seeking to refinance a money market short position in USD, could choose to:
- Question #137
Your dealer has sold a 3x6 AUD 10,000,000.00 FRA at 3.10%. On settlement day the 3- month (90- day) fixing is 3.00%. What would you do?
- Question #138
Today is Monday, 8 December. You sell a 9x12 FRA in EUR. When will the settlement amount be paid or received, assuming that there are no bank holidays?
- Question #139
Today is the fixing date for 6x9 FRA that you sold at 5.50% and for which the LIBOR is now 6.00%. Which of the following is true?
- Question #142
The clearing house of a financial futures exchange:
- Question #143
A 3-month Eurodollar futures price of 99.25 implies a forward rate of:
- Question #144
Which of the following is a description of a long OTC foreign currency option position?
- Question #145
The exercise price (strike price) of an option contract is:
- Question #146
The yield of a 1 month FRN in EUR depends on
- Question #147
A bank responsible for making due payments of principal and interest on a bond is called the
- Question #148
A bond selling at a discount will be selling for:
- Question #149
In the bond market, which of the following is true about the settlement amount?
- Question #150
On 15 April 2010 you buy a bond whose coupon falls on 15 January 2010. The interest basis is 30/360. Using bond settlement T+1, how many days do you apply for the interest calculat...
- Question #151
What is the documentation in which the parties agree to the terms that will govern future transactions?
- Question #152
Which of the following is considered a good practice in trade confirmation?
- Question #153
Which of the following risks is best mitigated by CLS?
- Question #154
The seller of a EUR/RUB NDF could be: