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CTP · Question #879

(Topic 9) A Euro denominated payment can be settled through all of the following EXCEPT:

The correct answer is C. ACSS (Automated Clearing Settlement System). See the full explanation below for the reasoning.

Question

  • (Topic 9)

A Euro denominated payment can be settled through all of the following EXCEPT:

Options

  • ATARGET (Trans-European Automated Real-Time Gross Settlement Express Transfer
  • BEBA (Euro Bankers Association).
  • CACSS (Automated Clearing Settlement System).
  • DCorrespondent Banking.

How the community answered

(17 responses)
  • A
    12% (2)
  • B
    6% (1)
  • C
    76% (13)
  • D
    6% (1)

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