Which of the following statements is true of wire transfers?
A) Article 4A,which covers wire transfers,includes consumer payments that are covered by EFTA.
B) International wire transfer systems are known as " Fedwire."
C) The Federal Reserve operates a domestic wire transfer system that can be made through CHIPS.
D) Electronic funds transfers between business and financial institutions are generally referred to as wholesale wire transfers.
Correct Answer:
Verified
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A)consumer's
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