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AFP Certification
CTP Exam
AFP.CTP.v2022-03-29.q351 Practice Test
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Question
351
A New York company wishes to use its treasury management system to send US funds to its London UK subsidiary. Which one of the following enables the same day settlement of funds transfer?
A.
Correspondent accounts with the Federal Reserve
B.
Automated Clearing House
C.
Bankers Automated Clearing Service
D.
Clearing House for Interbank Payment Systems
Correct Answer:
D
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