In the deposit broker market, which one of the following is not a valid reason for the proposed borrower to decline the lenders name?
A) In the case of short date deposits, if the borrower is not prepared to repay the deposit prior to notice of receipt of the funds from the correspondent bank.
B) The borrower has no lending line for the placer of the funds and does not wish to be embarrassed by being unable to reciprocate.
C) If he secures a better rate elsewhere.
D) The borrower would be in breach of internal or regulatory depositor concentration limitations.

Question

Quizplus · Accepted Answer

The borrower declining the lender's name because they secured a better rate elsewhere is not a valid reason related to the lender's identity or relationship, unlike the other options which involve operational or regulatory considerations.

In the Deposit Broker Market, Which One of the Following