ACI Operations Certificate challenging 3I0-013 Question # 183 Topic 7 Discussion

ACI Operations Certificate challenging 3I0-013 Question # 183 Topic 7 Discussion

3I0-013 Exam Topic 7 Question 183 Discussion:
Question #: 183
Topic #: 7

The CLS-Bank (Continuous Linked Settlement) is one of the ways through which FX transactions can be settled. Why was this bank founded?


A.

To simplify domestic payments


B.

To handle interbank liquidity more efficiently


C.

To accelerate cross-border payments


D.

To minimize settlement risks


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