Which of the following is NOT a wholesale banking service?
A)Controlled disbursement accounts.
B)Account reconciliation.
C)Electronic funds transfer.
D)Electronic initiation of letters of credit.
E)Automated teller machines.

Question

Quizplus · Accepted Answer

Automated teller machines are typically associated with retail banking services, not wholesale banking services. Wholesale banking services usually involve large corporations, institutions, and high-net-worth clients with specialized financial needs such as large-scale lending, cash management, and trade finance services.

Which of the Following Is NOT a Wholesale Banking Service