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Which One of the Following Statements About Claims Is True

Question 312

Multiple Choice

Which one of the following statements about claims is true?


A) Claims are not expected to be submitted after 15 days from the actual settlement date.
B) Claims of less than USD 5,000.00 are not expected to be submitted.
C) Claims are calculated on the full principal amount of the failed transaction. Interest rates are imposed by the agent banks, unless a higher negotiated rate is to be applied.
D) Acknowledgement of receipt of a claim should be confirmed within 48 hours by email or SWIFT.

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