menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Institutions
  4. Exam
    Exam 17: Technology and Other Operational Risks
  5. Question
    Funds Transferred on the Clearing House Internet Payment System (CHIPS)are
Solved

Funds Transferred on the Clearing House Internet Payment System (CHIPS)are

Question 81

Question 81

True/False

Funds transferred on the Clearing House Internet Payment System (CHIPS)are settled at the end of the day rather than intra-day as with the Fedwire system.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q53: Funds transferred on the Fedwire are settled

Q64: The "flash crash" on the NYSE in

Q67: The success in technologically related innovation often

Q76: A new computer system is expected to

Q77: Suppose that the doubling of a bank's

Q78: Which of the following occurs if the

Q79: Currently,banks issue well over half of all

Q80: Which of the following partially explains why

Q83: Although cloud computing is a technology that

Q84: Which of the following is NOT a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines