Which is true of FedGlobalSM ACH Payments offered by Federal Reserve Bank Services? A fixed-to-fixed transfer method allows converted check payments to be settled during the current processing day The fixed-to-variable option allows funds from accounts at a U.S. depository institution to be retrieved by any receiver at a participating bank location FedGlobal provides a framework for cross-border debit payments between 35 countries An account-to-account transfer is used to distribute ACH credit payments between deposit accounts

Which is true of FedGlobalSM ACH Payments offered by Federal Reserve Bank Services? A fixed-to-fixed transfer method allows converted check payments to be settled during the current processing day The fixed-to-variable option allows funds from accounts at a U.S. depository institution to be retrieved by any receiver at a participating bank location FedGlobal provides a framework for cross-border debit payments between 35 countries An account-to-account transfer is used to distribute ACH credit payments between deposit accounts

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter16: Working Capital Policy And Short-term Financing

Section: Chapter Questions

Problem 23QTD

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