At the end of each banking day, each LVTS participant must bring its settlement balance with the Bank of Canada ________.
A) close to zero
B) to a positive balance
C) to a negative balance
D) to at least $1 million

Question

Quizplus · Accepted Answer

Each LVTS participant must bring its settlement balance with the Bank of Canada close to zero at the end of each banking day. This ensures that all payments have been settled and there is no outstanding risk or obligation between the participants.

At the End of Each Banking Day, Each LVTS Participant