CTP Exam Practice Questions 100 Questions with 100% Correct Answers Updated & Verified

Over the past 3 years XYZ Company has expanded into multiple countries and significantly grown its banking relationships. The company now incurs significant expenses related to payment transaction costs and maintaining multiple bank connections. What should the company use to combat these rising costs. A. SWIFT network B. ACH Network C. CHIPS network D. TARGET 2 - A An Instrument that gives the right to buy a stated number of shares of common stock at a specified price is known as a. An equity warrant B. a Put Option C. A zero Coupon Bond D. A subordinate debenture - A An arrangement in which a borrower makes periodic payments to a seperate custodial account that is used to repay debt is known as a A. sinking fund B. Balloon payment C. Mortgage D. Zero-Coupon Bond - A Netting is used by which of the following as a cross-border payment technique?