
Payoutsito + Deposito
Authored by Venessa Peter
Other
Professional Development
Used 4+ times

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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
1. What is the most accurate definition of SWIFT?*
Is a cooperative society of member banks that facilitates international transfers between partners
They are a group of SWIFTIES who work together.
A financial message system used exclusively for domestic transfers within a single country
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Select any CORRECT options that are examples of SWIFT fees.
SWIFT – NOT ME
SWIFT – SHA
SWIFT - SEPA
SWIFT - BEN
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Customer is making a domestic transfer to beneficiary’s JP Morgan Chase Bank located in California. However, customer used a routing number for JP Morgan Chase Bank located in NY. Will the payment be successful?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Payment & Collection Capability (PCC) is a document used to refer if customer entered a correct beneficiary account details.
YES
NO
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Recall is an option given to customer when the customer needs to:
Locate the funds
Reach out to the beneficiary bank
Update the bank account details
Retrieve the dispatched payment
All of the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Customers can physically go to the bank branch to open a Global Account
Yes
No
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Alvin has 2 USD Global Accounts. 1 Local USD GA ending in 5423 the other a HK GA ending in 2234. He provides the details of the GA ending in 5423 to his client in California to pay for the service. Where do these funds go?
Into the GA ending in 5423
Into the USD currency in the wallet
Incorrect GA details provided, so will bounce back
Into the primary USD GA
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