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When considering Fedwire, ACH and CHIPS as 3 different payment systems, which of the following...

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When considering Fedwire, ACH and CHIPS as 3 different payment systems, which of the following applies only to Fedwire?

A.

Real-time intraday net settlement of transactions.

B.

Company sends request of transfer directly to its bank.

C.

Settlement is final when receiving bank is notified of transfer.

D.

Each bank member funds an account maintained at the Fed.

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TESTED 21 Oct 2025