The Fastest but Most Expensive Way to Transfer Surplus Funds

question 52

Multiple Choice

The fastest but most expensive way to transfer surplus funds from the local deposit bank to the concentration bank is:

• A) a lockbox system.
• B) a mail float system.
• C) a wire transfer.
• D) an in-house processing float system.
• E) an availability float system.

---

Definitions:

Clayton Act

A U.S. antitrust law, enacted in 1914, aimed at promoting fair competition and preventing monopolies.

Illegal Cooperative Agreements

Illegal cooperative agreements refer to unlawful arrangements between competing businesses to fix prices, divide markets, or engage in other anti-competitive practices.

Trade Restraint

Any measure or policy that restricts international trade, including tariffs, quotas, and embargoes.

Predatory Pricing

is a competitive strategy where a company sets extremely low prices to eliminate competition and create a monopoly.