AFP
CTP · Question #520
(Topic 6) All of the following are differences between Fedwire and ACH EXCEPT:
The correct answer is D. ACH items have no credit risk. See the full explanation below for the reasoning.
Question
- (Topic 6)
All of the following are differences between Fedwire and ACH EXCEPT:
Options
- AACH per item transaction costs are less.
- BACH transactions have delayed settlement.
- CACH transactions involve more consumer payments.
- DACH items have no credit risk.
How the community answered
(40 responses)- A3% (1)
- B8% (3)
- C18% (7)
- D73% (29)
Community Discussion
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