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CTP · Question #929
CTP Question #929: Real Exam Question with Answer & Explanation
The correct answer is A. reverse positive pay.. See the full explanation below for the reasoning.
Question
- (Topic 9) Transmission of a file of items presented for payment by the payor bank to the issuing company is known as:
Options
- Areverse positive pay.
- Bpositive pay.
- Cfull reconciliation.
- Dpayor bank services.
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