The Automated Clearing Settlement System (ACSS) ________.
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
Q3: Although transactions in the LVTS account for
Q4: The ACSS is operated by the _.
A)
Q9: Large Value Transfer System (LVTS) participants can
Q11: Changes to the operating band are announced
Q12: The Large Value Transfer System (LVTS)_.
A) was
Q12: The overnight interest rate is also known
Q13: Where only the net credit or debit
Q15: The target for the overnight interest rate
Q16: The LVTS was put in place in
Q20: 45 basis points is equal to _.
A)
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