ACI 3I0-013 Exam (page: 5)
ACI Operations Certificate
Updated on: 12-Feb-2026

Viewing Page 5 of 79

What are the principal functionalities of interbank funds transfer systems?

  1. The matching of confirmations
  2. The dealing and archiving of payment orders
  3. Reconciliation and correspondent banking
  4. The transfer of information and settlement

Answer(s): D



Which of the following currencies is eligible for CLS settlement?

  1. ZAR
  2. TRY
  3. MYR
  4. CNY

Answer(s): A



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

  1. OK
  2. ACK
  3. MAK
  4. NAK

Answer(s): B



Which of the following processes are offered by the CLS settlement system?

  1. The close-out process
  2. The customer matching process
  3. The settlement process
  4. The securities lending process

Answer(s): C



CHIPS is the name commonly used for the domestic clearing system in:

  1. London
  2. Frankfurt
  3. New York
  4. Hong Kong

Answer(s): C



Viewing Page 5 of 79



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