AFP
CTP · Question #545
(Topic 6) The credit risk in the settlement of a Fedwire is borne by the:
The correct answer is C. Federal Reserve. See the full explanation below for the reasoning.
Question
- (Topic 6)
The credit risk in the settlement of a Fedwire is borne by the:
Options
- Breceiving bank.
- CFederal Reserve.
- Dreceiving company.
How the community answered
(53 responses)- B6% (3)
- C83% (44)
- D11% (6)
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