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CTP · Question #364

(Topic 4) Over the past 3 years XYZ Company has expanded into multiple countries and significantly grown its banking relationships. The company now incurs significant expenses related to payment…

The correct answer is A. SWIFT network. See the full explanation below for the reasoning.

Question

  • (Topic 4)

Over the past 3 years XYZ Company has expanded into multiple countries and significantly grown its banking relationships. The company now incurs significant expenses related to payment transaction costs and maintaining multiple bank connections. What should the

Options

  • ASWIFT network
  • BACH network
  • CCHIPS network
  • DTreasury workstation

How the community answered

(43 responses)
  • A
    72% (31)
  • B
    7% (3)
  • C
    5% (2)
  • D
    16% (7)

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