Free 3I0-010 Exam Braindumps (page: 34)

Page 34 of 86

What is a settlement date?

  1. the date by which the interest payment on an operation must be made
  2. the last date by which the minimum reserve amount can be paid to the central bank
  3. the date, on which settlement must be made on the contracted amount or the differential amount of an operation
  4. the date a deal is processed

Answer(s): C



What is the meaning of "good value" in FX?

  1. the funds must be in the nostro account of the beneficiary institution by close of business on the agreed upon value date
  2. the funds must be in the nostro account of the beneficiary institution by the beginning of the next business day
  3. the value of interest to be received is higher than the value of fees to be paid
  4. the funds must be in the internal cash account of the clearing house by close of business on the agreed upon value date

Answer(s): A



What is the meaning of settlement (Herstatt) risk?

  1. the risk a payment order will not be processed due to a power failure in which the disaster recovery back-up system fails
  2. any amount that is due to be received under a contract should be regarded as a settlement risk until final confirmation of receipt is confirmed
  3. the risk that settlement arrangements will be made with the wrong counterparty
  4. the risk of aborting settlement procedures due to the unavailability of back office staff

Answer(s): B



A message received and accepted by SWIFT will be acknowledged with:

  1. NAK
  2. ACK
  3. PAC
  4. BAC

Answer(s): B



Page 34 of 86



Post your Comments and Discuss ACI 3I0-010 exam with other Community members:

Anand commented on November 14, 2024
Not bad at all. It covers all the exam topics and it provides some insight to the types of questions that you are going to see in real exam.
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Godlover commented on November 14, 2024
Very up to date. I passed my exams. I studied very well though. But the past questions was exceedingly helpful too. Just practice the questions as much as you can. As for me I practiced all, and repracticed about 350 questions again before the exams day.
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LasNumber commented on November 14, 2024
This Are Very Useful Q's and A's. on exam some Questions wont come as they are but mostly will come as the are. Study to Know
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Yeshwanth commented on November 14, 2024
Nice Questions and helpful for exam preparation.
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Dipu commented on November 13, 2024
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Nathaniel Okeke commented on November 13, 2024
nice way to practice for the exam
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Ganiyu Ogunlana commented on November 13, 2024
Great Insight into the exams
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Pandiyan Venkatraman commented on November 13, 2024
good question
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Eb'Oney commented on November 12, 2024
I think the answer here should be B. Split the Logged column by using at as the delimiter
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Hadiza commented on November 12, 2024
useful for exam preparation
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Hadiza commented on November 12, 2024
inspiring and educative
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Hadiza commented on November 12, 2024
Highly resourceful
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Naomie commented on November 12, 2024
Good material very helpful.
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dodol commented on November 12, 2024
ok real exam
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PA commented on November 11, 2024
This questions are valid in Canada. I passed the exam.
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JP commented on November 11, 2024
Très intéréssant pour valider son apprentissage
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JP commented on November 11, 2024
Good for exam preparation
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K.U commented on November 11, 2024
@Dane, Yes, questions are very similar to content of real exam. I managed to pass the test.
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siva N commented on November 11, 2024
this absolutely make the test easy!!!
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Isadora Guimarães commented on November 10, 2024
Very good to study
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Noah commented on November 10, 2024
Does this dump include the lab solution as well?
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Cardo commented on November 10, 2024
Helpful explanations
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Anonymous commented on November 10, 2024
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derar commented on November 10, 2024
The study material was very helpful
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Kavya M T commented on November 09, 2024
Good questions
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