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Free CRCM Exam Braindumps (page: 123)

Page 123 of 344
PDF with 463 Questions

Reserve Banks must issue operating circulars, which, together with Regulation J, govern the details of handling items through the Reserve Bank, including

  1. Handling of government items and foreign instruments
  2. Handling of foreign instruments
  3. Handling of government items
  4. Handling of clearing instruments

Answer(s): A



Reserve Banks must issue operating circulars, which, together with Regulation J, govern the details of handling items through the Reserve Bank, including

  1. Handling of government items and foreign instruments
  2. Handling of foreign instruments
  3. Handling of government items
  4. Handling of clearing instruments

Answer(s): A



Reserve Banks must issue operating circulars, which, together with Regulation J, govern the details of handling items through the Reserve Bank, including

  1. Handling of government items and foreign instruments
  2. Handling of foreign instruments
  3. Handling of government items
  4. Handling of clearing instruments

Answer(s): A



One of the check collection requirements is sending items to Reserve Banks. In this requirement:

  1. A sender other than a Reserve Bank may send any item to the Reserve Bank with which it maintains an account
  2. The following parties are deemed to have handled items, in this order:
    · The initial sender
    · The initial sender's administrative Reserve Bank · The Reserve Bank that receives the item from the initial sender · Any other Reserve Bank that receives the item from a Reserve Bank
  3. Reserve Banks must receive cash items and other items (checks) at par
  4. A foreign bank that maintains reserves under the International Banking Act of 1978

Answer(s): A,B,C



Page 123 of 344



Post your Comments and Discuss Banking CRCM exam with other Community members:

LeAnne Hair commented on August 24, 2023
#229 in incorrect - all the customers require an annual review
UNITED STATES
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LeAnne Hair commented on August 24, 2023
#229 in incorrect - all the customers require an annual review
UNITED STATES
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LeAnne Hair commented on August 24, 2023
I think question 204 has an incorrect solution. It should be D-Regulation E
UNITED STATES
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Igor commented on April 10, 2020
Guys, leave no stones unturned. Try to study every questions and anything other supplementary material you have. The exam is not easy. I just wrote mine and if it wss not for these questions I would have not have passed it.
BULGARIA
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Lori commented on July 20, 2017
I had a good result. Worth the money.
UNITED STATES
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Chipps commented on July 20, 2017
Studying from this dump helped me understand the concept and what comes in the exam. But I only get about 80 to 85% of the questions not 100% as it is claimed. Well... still good enough to pass.
UNITED STATES
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