ACI 3I0-013 Exam With Confidence Using Practice Dumps

Confirmations authenticate the transaction to the risk manager, as well as providing essential information regarding bilateral limits.

in order to authenticate the BIC-code of the counterparty when the confirmation is sent via SWIFT.

in order to have the exact mailing address of the counterparty when the confirmation is sent via mail.

Confirmations authenticate transactions to staff independent of the dealing room, as well as providing essential information regarding settlement.

From the counterparty: the trade confirmation, In-house: the trade confirmation, nostro reconciliation details, the dealing ticket and eventually dealing-system conversation printout

From the counterparty: the dealers name and phone number. In-house: dealer's name as well as the exact time the deal was processed

From the counterparty: the trade confirmation, In-house: the open item list, nostro reconciliation details and the dealing ticket

From counterparty: the balance report and the trade confirmation; In-house: the dealing-system conversation printout

Claims are not expected to be submitted after 15 days from the actual settlement date.

Claims of less than USD 5,000.00 are not expected to be submitted.

Claims are calculated on the full principal amount of the failed transaction. Interest rates are imposed by the agent banks, unless a higher negotiated rate is to be applied.

Acknowledgement of receipt of a claim should be confirmed within 48 hours by email or SWIFT.