← Back to exam page

Free CTP – Certified Treasury Professional Practice Test Question

Loading demo links...

Showing 19–20 of 20 questions

Question 19 (Volume F)

All of the following are differences between Fedwire and ACH EXCEPT:

Select an option, then click Submit answer.

  • ○

    ACH per item transaction costs are less.
  • ○

    ACH transactions have delayed settlement.
  • ○

    ACH transactions involve more consumer payments.
  • ○

    ACH items have no credit risk.
Question 20 (Volume B)

The exchange of a fixed interest rate cash flow for a floating interest rate cash flow with both interest rates in the same currency is an example of:

Select an option, then click Submit answer.

  • ○

    a vanilla swap.
  • ○

    an interest rate option.
  • ○

    a basis-rate swap.
  • ○

    an interest rate cap.