nerdexam
IIA

IIA-CFSA · Question #359

Correspondent banks, Credit party, Draw down, Execution date, Remitter, and Repetitive transfer are some terminologies related to:

The correct answer is B. Bank wire. See the full explanation below for the reasoning.

Question

Correspondent banks, Credit party, Draw down, Execution date, Remitter, and Repetitive transfer are some terminologies related to:

Options

  • AEFT
  • BBank wire
  • CACH D. ALL

How the community answered

(42 responses)
  • A
    12% (5)
  • B
    83% (35)
  • C
    5% (2)

Community Discussion

No community discussion yet for this question.

Full IIA-CFSA Practice