The Large Value Transfer System (LVTS) ________.
A) is the core of the Canadian payments system
B) is an electronic net settlement network designed to provide settlement to wholesale transactions
C) is an electronic net settlement network designed to provide settlement to paper-based payment items
D) Only A and B of the above.
Correct Answer:
Verified
Q1: The primary indicator of the Bank of
Q3: Although transactions in the LVTS account for
Q4: The overnight rate is important because it
Q4: The ACSS is operated by the _.
A)
Q9: Large Value Transfer System (LVTS) participants can
Q10: The Automated Clearing Settlement System (ACSS)_.
A) is
Q11: Changes to the operating band are announced
Q14: The risk to the entire payments system
Q15: The target for the overnight interest rate
Q16: The LVTS was put in place in
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