Banking and Payment Obligations

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What is the amount of money mentioned in the text?

£10 (correct)
£46
£25
£5

What is the purpose of the rules and regulations mentioned in the text?

To hinder payment obligations
To cancel payment obligations
To manage payment obligations owed to them (correct)
To facilitate payment obligations

What is the context of the discussion in the text?

Online banking
International banking
Personal banking (correct)
National banking

What is the format of the time mentioned in the text?

24-hour format (D) Signup and view all the answers

What is the meaning of the phrase 'اضغط للعودة إلى الاجتماع' in the text?

Click to return to the meeting (A) Signup and view all the answers

What is the objective of the system?

To meet the data communications and processing needs of the global financial community (D) Signup and view all the answers

What is the full form of SWIFT?

Society for World Wide Interbank Financial Telecommunications (A) Signup and view all the answers

What community does the system aim to support?

Global financial community (A) Signup and view all the answers

What type of company is SWIFT?

Cooperative company (C) Signup and view all the answers

What is the availability of the network?

24 hours a day, seven days a week throughout the year (B) Signup and view all the answers

On which days is the network available?

Seven days a week (B) Signup and view all the answers

How many financial institutions own SWIFT?

About 2000 financial institutions (C) Signup and view all the answers

What kind of needs does the system aim to meet?

Data communications and processing needs (C) Signup and view all the answers

What is the name of the international payments system?

The international payments system (A) Signup and view all the answers

What is the scope of the system?

Global (A) Signup and view all the answers

At what time is the network not available?

Never (A) Signup and view all the answers

What sector does the system primarily serve?

Financial sector (C) Signup and view all the answers

How many hours a day is the network available?

24 hours (A) Signup and view all the answers

What is the purpose of SWIFT?

To facilitate international payments between financial institutions (B) Signup and view all the answers

What is the total number of days the network is available in a year?

365 days (A) Signup and view all the answers

What is the name of the international payments system mentioned?

DWIR (A) Signup and view all the answers

What is the name of the system operated by the Federal Reserve for domestic transfer?

Fund isfer System (C) Signup and view all the answers

What type of transfer is handled by the Fund isfer System?

Domestic (A) Signup and view all the answers

Who operates the Fund isfer System?

The Federal Reserve (A) Signup and view all the answers

What is the relationship between the Federal Reserve and the Fund isfer System?

The Federal Reserve operates the Fund isfer System (A) Signup and view all the answers