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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

What is the RTGS single technical platform inter-linking the ECB and the national central banks of the EU member states which have adopted the Euro?

Options:

A.

CHAPS

B.

TARGET 2

C.

EAF

D.

FX-NET

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Question 2

You request use of funds from your agent bank for 1 day on an amount of EUR 100,000,000.00, EONIA was 0.812% and the ECB deposit facility rate is 0.50%. What use of funds settlement amount should you expect?

Options:

A.

EUR 1,388.89

B.

EUR 1,561.11

C.

EUR 2,255.56

D.

EUR 2,951.39

Question 3

Which one of the following statements about claims is true?

Options:

A.

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

B.

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

C.

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.

D.

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

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