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CTP · Question #227
CTP Question #227: Real Exam Question with Answer & Explanation
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Question
- (Topic 3) A bank is evaluating the credit risk for a company seeking to optimize costs and originate a high volume of outgoing ACH payments. What is the BEST provision the bank should establish to control its credit exposure?
Options
- AAn intraday credit limit for the company
- BA limit on the number of items processed per day
- CAn overdraft facility for the company
- DA standby letter of credit for the company
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