The use of standard settlement instructions (SSI's) is strongly encouraged because:
A) It reduces operational risk.
B) It splits differences arising from failed settleme
C) It removes the need for sending out SWIFT payment
D) All of the above.

Question

Quizplus · Accepted Answer

Standard settlement instructions (SSI's) reduce operational risk by ensuring that payment and settlement details are consistent and accurate, minimizing errors and delays in transactions.

The Use of Standard Settlement Instructions (SSI's) Is Strongly Encouraged