AIWMI Exam CCRA-L2 Topic 5 Question 101 Discussion

Actual exam question for AIWMI's CCRA-L2 exam

Question #: 101
Topic #: 5

Which of the following are types of bank guarantee?

ADeferred and Term

BFinancial and Performance

CUsance and Sight

Show Suggested Answer

Suggested Answer: B

by Afton at Sep 13, 2024, 03:12 PM

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7 hours ago

Hmm, I'm not so sure about that. I think C) Usance and Sight might be the correct answer. Isn't that related to the payment terms of the guarantee?

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12 days ago

Actually, both Financial and Performance, as well as Deferred and Term, are types of bank guarantee.

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13 days ago

I believe it's Deferred and Term.

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14 days ago

I'm pretty sure the answer is B) Financial and Performance. Those are the two main types of bank guarantees, right?

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3 days ago

Yes, you are correct. Financial and Performance are indeed types of bank guarantees.

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26 days ago

I think the types of bank guarantee are Financial and Performance.

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