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3I0-013 Exam Dumps : ACI Operations Certificate challenging

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ACI Operations Certificate challenging Questions and Answers

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Question 1

If the maturity of a straight 3-month deposit fails on a Saturday, which is also the last day of the month, what will be the final end date of this transaction?

Options:

A.

The following Monday

B.

Saturday

C.

The last business day of the month

D.

The first business day of the following month

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Question 2

Which of the following processes are offered by the CLS settlement system?

Options:

A.

The close-out process

B.

The customer matching process

C.

The settlement process

D.

The securities lending process

Question 3

What does "arrange good value payment" mean?

Options:

A.

To cancel an initial payment order and to process a new one with a higher amount

B.

To suspend a payment order until the balance becomes positive again

C.

To adjust the amount of fees to be paid

D.

To change the value date of a payment order

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