(6)______________ participate directly in the clearings and maintain settlement

Question

(6)______________ participate directly in the clearings and maintain settlement accounts at the Bank of Canada. Select one: a. Direct clearers b. Only bankers c. Only credit unions d. Only central bankers (6)______________ participate directly in the clearings and maintain settlement accounts at the Bank of Canada. Select one: a. Direct clearers b. Only bankers c. Only credit unions d. Only central bankers Select one: a. Direct clearers b. Only bankers c. Only credit unions d. Only central bankers

Explanation / Answer

Direct Clearers are the ones who partipate directly in the cleariong and also in mainting the settlement accounts at the Bank of Canada.

Therefore, the correct option is (a) Direct Clearers.

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