1、What services are provided by correspondent bank ( ).
A、Collecting checks, drafts, and other credit instruments.
B、Making credit investigation of firms that borrow in the open market.
C、Providing banks with foreign exchange facilities, including commercial and traveler’s checks.
D、Providing ban
2、What is a correct statement about vostro account?
A、It’s a due from account.
B、It’s a due toaccount.
C、It’s our bank’s account in the book of an overseas bank denominated in foreign currency.
D、It’s purpose is to facilitate international payments and settlementsabroad.
3、Which system adopts a netting payment system? ( )
A、Fedware
B、Chaps
C、Chips
D、Target
4、Fedware is a system of RTGS.
A、对
B、错
5、Chips is a system of RTGS.
A、对
B、错
6、What is the advantage of netting payment system?
A、efficient
B、secure
C、less settlement risks
D、more powerful processing capacities
7、Vostro account is a due to account.
A、对
B、错
8、What is a correct statement about Chips?
A、It’s acronym for Clearing House Interbank Payment System.
B、It’s a netting system.
C、It’s operated by the New York Clearing House Association.
D、It’s member banks are commercial banks in New York.
9、Fedware is operated by Fed reserve system.
A、对
B、错
10、RTGS means each payment order is settled immediately upon its entry into the system in its entire (gross) amount.
A、对
B、错
