Choose among the following services provided by modern FIs to answer questions 16-90 to 16-103.
-16-92 Combining the e-mail capability of the internet and the interbank payment networks to assist in the presentation and collection of invoices.
A) Account reconciliation.
B) Assisting small business entries into e-commerce.
C) Check deposit services.
D) Controlled disbursement accounts.
E) Electronic billing.
F) Electronic data interchange.
G) Electronic funds transfer.
H) Electronic initiation of letters of credit.
I) Electronic lockbox.
J) Facilitating business-to-business e-commerce.
K) Funds concentration.
L) Treasury management software.
M) Verifying identities.
N) Wholesale lockbox.
Correct Answer:
Verified
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