Which of the following is NOT true about swap banks?
A) A swap bank can be an international commercial bank.
B) A swap bank can be an investment bank.
C) A swap bank can be a central bank.
D) A swap bank can be an independent operator.

Question

Quizplus · Accepted Answer

A central bank cannot function as a swap bank as it is the regulatory authority and does not engage in commercial activities like investment or trading. Swap banks are primarily commercial banks or investment banks or sometimes independent operators who specialize in providing swap services to clients.

Which of the Following Is NOT True About Swap Banks