Multiple Choice
To curb attempted fraud, banks should:
A) Require greater vigilance by the management and staff.
B) Take particular care when the beneficiary is a third party to the deal.
C) Ensure that details of all telephone deals which do not include pre-agreed standard settlement instructions are confirmed by telex or similar means without delay.
D) All of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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