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CTP · Question #414
(Topic 5) A company wants to gather daily balance reporting from its international subsidiaries' bank accounts. Which of the following systems would allow the company's bank to gather the balance…
The correct answer is A. SWIFT. See the full explanation below for the reasoning.
Question
- (Topic 5)
A company wants to gather daily balance reporting from its international subsidiaries' bank accounts. Which of the following systems would allow the company's bank to gather the balance positions from the local banks?
Options
- ASWIFT
- BCHIPS
- CGiros
- DEDI
How the community answered
(44 responses)- A73% (32)
- B7% (3)
- C16% (7)
- D5% (2)
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