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    A Bank That Wires Funds for the Purchase of a Beach
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A Bank That Wires Funds for the Purchase of a Beach

Question 83

Question 83

Multiple Choice

A bank that wires funds for the purchase of a beach house in South Carolina for a customer in Oklahoma is carrying out the __________ of banks.


A) intermediation role
B) payment role
C) guarantor role
D) agency role
E) policy role

Correct Answer:

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