Choose among the following services provided by modern FIs to answer questions 16-90 to 16-103.
-16-99 Moving funds from accounts in several FIs into a few centralized accounts at one FI.
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
Q93: Choose among the following services provided by
Q94: 16-89 Which of the following is NOT
Q95: Choose among the following services provided by
Q96: 16-84 Suppose that the doubling of a
Q97: 16-83 Daylight overdraft
A)is a bank's negative intraday
Q99: 16-81 Settlement risk is important because
A)of the
Q100: 16-87 Which is the most important banking
Q101: 16-114 The above figures indicate that
A)there are
Q102: 16-113 The maximum cost savings that can
Q103: Choose among the following services provided by
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