A must settle for an item with its administrative bank, whether or not it received the item from that bank. Settlement with its administrative bank is deemed to be settlement with the Reserve Bank that sent the item.
Answer(s): A
Cash items' payment proceeds must be available to the Reserve Bank by the latest of:
Answer(s): A,B,C
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 upvote
LeAnne Hair commented on August 24, 2023 I think question 204 has an incorrect solution. It should be D-Regulation E UNITED STATES upvote
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 upvote
Lori commented on July 20, 2017 I had a good result. Worth the money. UNITED STATES upvote
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 upvote
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