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NO.1 A small regional bank is losing market share in fiduciary services and the CEO has decided to
scale back the trust department. Which of the following is considered a core service of a trust
department?
A. Providing consulting services in debt origination
B. Monitoring compliance with audit procedures
C. Paying agent for dividend and interest payments
D. Processing drafts for collection.
Answer: C

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NO.2 Netting is used by which of the following as a cross-border payment technique?
A. TARGET participants
B. European giro providers
C. Counterparties in a letter of credit transaction
D. Foreign subsidiaries of a company
Answer: D

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Exam Code: CTP
Exam Name: Certified Treasury Professional
One year free update, No help, Full refund!
CTP VCE Dumps Total Q&A: 932 Questions and Answers
Last Update: 2016-10-24

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