3I0-013 Exam Questions

Which of the following is a US payment system?

Which SWIFT message type is not accepted in TARGET2?

What is a loro or vostro bank account?

What is the standard for settlement of cross-border DVP systems?

If a bank incurs interest charges from having overdrawn an account due to a late payment from acounterparty:

What is the cut-off time for a same day customer payment using TARGET2?

You find that you have paid an amount to the wrong counterparty. What action should you take?

The use of a net open positions report:

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?

Why should the maturity profile of unreconciled items be frequently reviewed?

Why is securities reconciliation necessary?

What criteria should reconciliation escalation be based on?

Physical securities reconciliation software packages are based on:

What is the main purpose of nostro reconciliations?

When completing a nostro reconciliation, what does an unresolved ledger debit signify?

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...

Loan/deposit input and mismatch analysis capability belongs to which module in a treasury system?

What is the Bank Identifier Code (BIC)?

Which country does the BIC-address BKENGB33CUS belong to?

Which of the following is an example of market risk?

What does FSA stand for?

Bank A has a large number of forward OTC trades with Bank B. What risks will be reduced by concluding a netting agreement?

The market standard legal agreement for Interest Rate Swaps is:

The process used to disguise the trail of laundered funds within the financial system is known as:

Settlement risk is:

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...

The CLS-Bank (Continuous Linked Settlement) is one of the ways through which FX transactions can be settled. Why was this bank founded?

Your dealer has sold USD 10,000,000.00 against JPY at a rate of 95.00. In settlement you would expect to:

What are the factors determining if a FX transaction can be settled through the CLS Bank?

Which of the following are examples of"contracts for difference"?

How is a call money market transaction generally confirmed?

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?

Under normal circumstances, which of the following is a non-negotiable instrument?

A dealer, seeking to refinance a money market short position in USD, could choose to:

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?

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?

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?

The clearing house of a financial futures exchange:

A 3-month Eurodollar futures price of 99.25 implies a forward rate of:

Which of the following is a description of a long OTC foreign currency option position?

The exercise price (strike price) of an option contract is:

The yield of a 1 month FRN in EUR depends on

A bank responsible for making due payments of principal and interest on a bond is called the

A bond selling at a discount will be selling for:

In the bond market, which of the following is true about the settlement amount?

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...

What is the documentation in which the parties agree to the terms that will govern future transactions?

Which of the following is considered a good practice in trade confirmation?

Which of the following risks is best mitigated by CLS?

The seller of a EUR/RUB NDF could be: