Which services are NOT provided by eurocurrency markets?

Question

Quizplus · Accepted Answer

Eurocurrency markets do not provide payment services. Payment services are typically provided by banks or other financial institutions operating within a specific country's regulatory framework. Eurocurrency markets, on the other hand, deal primarily with the lending and borrowing of funds in currencies other than the currency of the country in which they are located. They do provide indirect and direct financing through short-term and long-term securities.

Which Services Are NOT Provided by Eurocurrency Markets