Free 3I0-013 Web TestEngine Demo

Q6 Single choice

What are the main advantages of settling an FX transaction through the CLS Bank?

A
CLS eliminates foreign exchange risk and thus increases bank profits on FX deals
B
CLS minimizes the settlement risk
C
CLS reduces operational banking costs
D
CLS eliminates the settlement risk but reduces operational efficiency

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3I0-013 Web TestEngine demo