The very large number of retail payment orders:
A)exposes receiving institutions to significant settlement risk
B)includes cash, cheques and EFTPOS
C)are netted, which greatly reduces the settlement amounts
D)are settled on a same-day basis.
E)All of these.

Question

Quizplus · Accepted Answer

Retail payment orders are often netted, which means that only the net difference between the amounts owed and the amounts due is settled, thereby reducing the total settlement amounts.

The Very Large Number of Retail Payment Orders