AFP
CTP · Question #929
(Topic 9) Transmission of a file of items presented for payment by the payor bank to the issuing company is known as:
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.
How the community answered
(22 responses)- A73% (16)
- B5% (1)
- C5% (1)
- D18% (4)
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