The two routes of check clearance include the _____________ settlement, in which the transaction takes place entirely within a single Federal Reserve district, and the _____________ settlement, in which there are relationships between banks of two Federal Reserve districts.
A) interdistrict, intradistrict
B) intradistrict, interdistrict
C) Fed wire, District wire
D) District wire, Fed wire
Correct Answer:
Verified
Q144: In addition to the clearing of checks
Q145: Bank holding companies are supervised and examined
Q146: The Fed discount rate is
A) the rate
Q147: A (n) _ is necessary for the
Q148: This act sets up a procedure for
Q150: _ authorizes the Federal Reserve Board to
Q151: This act requires disclosure of information about
Q152: Eligible paper that the borrowing institution can
Q153: Which of the following statements would be
Q154: _ prohibits discrimination in the granting of
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