Which SWIFT Message Should Be Used to Advise the Netting

question 223

Multiple Choice

Which SWIFT message should be used to advise the netting position of a currency resulting from FX, NDF, options and other trades?

• A) MTn99
• B) MT300
• C) MT370
• D) MT670/671

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Definitions:

Remains the Same

A phrase indicating that a situation or condition persists without change over a period of time.

Ordinary Mole

A common skin growth with a small, often dark, coloration, that is usually benign.

Melanoma

A serious form of skin cancer that arises from the pigment-producing cells known as melanocytes.

ABCDE Rules

Guidelines used to assess the characteristics of moles and skin lesions for signs of melanoma, focusing on Asymmetry, Border, Color, Diameter, and Evolving.