AFP Certified Treasury Professional CTP Question # 536 Topic 31 Discussion

AFP Certified Treasury Professional CTP Question # 536 Topic 31 Discussion

CTP Exam Topic 31 Question 536 Discussion:
Question #: 536
Topic #: 31

The credit risk in the settlement of a Fedwire is borne by the:


A.

sending company.


B.

receiving bank.


C.

Federal Reserve.


D.

receiving company.


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