ACI Operations Certificate 3I0-013 Dumps in PDF

Free ACI 3I0-013 Real Questions (page: 8)

The use of standard settlement instructions (SSI’s) is strongly encouraged because:

  1. A dealer does not need to confirm payment details by phone
  2. It splits differences arising from failed settlements between the two counterparties
  3. It eliminates the need to send out SWIFT payment authorizations on a case-by-case basis
  4. It avoids having to confirm each deal separately

Answer(s): A



Which of the following is a fundamental element or module in the “securities dealing and processing” part of a treasury system?

  1. The financial reporting standard
  2. Brokerage accounting
  3. The custodian account reconciliation function
  4. The country limit overview

Answer(s): C



An input message for the SWIFT network is composed of up to which five parts?

  1. 1.Basicheader block,
    2.Communicationheader block,
    3.Currencyblock,
    4.Textblock,
    5.Trailersblock
  2. 1.Basicheader block,
    2.Applicationheader block,
    3.Userheader block (optional),
    4.Textblock,
    5.Trailersblock
  3. 1.Sendingheader block,
    2.Applicationheader block,
    3.Userheader block,
    4.Textblock (optional),
    5.Transmissionblock
  4. 1.Basicheader block,
    2.Systemheader blocks(optional),
    3.Userheader block,
    4.Textblock,
    5.Securityblock

Answer(s): B



How many characters does a BIC have? (Under ISO standard 9362: 2009)

  1. 6or9characters
  2. 9or12characters
  3. 7or10characters
  4. 8 or 11 characters

Answer(s): D



Which of the following BIC-addresses belongs to a bank based in Germany?

  1. FRNYUS33
  2. ECBFDEFF
  3. BCLXLULL
  4. SNBZCHZZ

Answer(s): B



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