Inter-ADI payment orders:
A)transfer funds between accounts held with ADIs
B)must be cleared before they are settled
C)are settled by transfers of exchange settlement funds
D)include payment methods such as cheques and direct entry.
E)All of these.

Question

Quizplus · Accepted Answer

Inter-ADI payment orders involve transferring funds between accounts held with ADIs, must be cleared before they are settled, are settled by transfers of exchange settlement funds, and include payment methods such as cheques and direct entry.

Inter-ADI Payment Orders