Examlex
Which statement about VPC endpoints is incorrect?
Depositary Banks
Financial institutions that hold securities, such as stocks and bonds, in electronic or physical form for safekeeping and facilitate transactions for these securities.
Payment
A transaction or arrangement in which money is exchanged for goods or services.
Business Day
A day on which businesses are normally open for operations, excluding weekends and public holidays.
Depositor
An individual or entity that places money into a bank account for safekeeping.
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