RTGS Business Day: Cut-offs (ICO & FCO)

PPB Data Communication Network and EFT Systems Free JAIIB Capsule 18 views Updated
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PPB · Data Communication Network and EFT Systems
To manage liquidity, RTGS enforces submission deadlines. What is the difference between Initial Cut-Off (ICO) and Final Cut-Off (FCO)?
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To manage liquidity, RTGS enforces submission deadlines. What is the difference between Initial Cut-Off (ICO) and Final Cut-Off (FCO)?

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This capsule covers Principles & Practices of Banking, Data Communication Network and EFT Systems. Members get the complete explanation plus every other premium capsule, mock test and PDF.

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