BOATS & CLI's

An illustrated scene depicting financial concepts with boats and credit cards, showcasing transactions and compliance elements in a vibrant, engaging style.

BOATS & CLI Knowledge Quiz

Test your knowledge about BOAT transactions and CLI requirements with our engaging quiz! Perfect for cardholders looking to enhance their understanding of financial processes.

Join us to learn more about:

Compliance and eligibility criteria
KYC requirements
Penalties and fees

10 Questions2 MinutesCreated by NavigatingShip452

Who can complete a BOAT?

Any cardholder

Andrew Prusin

Only primary cardholder

Only additional cardholder

Quebec PCH's do not pay a transfer fee. This is based on the _______________

Customers home branch address

Primary cardholders address

Weather outside

Additional cardholders address

The 4 compliance items needed for a BOAT from MCOM offer are:

Interest rate, cx card type, duration, and PCH address

Expiry date, interest rate, duration, and transfer fee

Duration, interest rate, xfer fee, and PCH penalty rate

Customers who are in the penalty rate are eligible for a BOAT.

False

True

Maybe, if they are nice people.

The 6 components required for KYC on a CLI are:

Legal name, height, address, phone number, income, and occupation

Legal name, address, phone number, date of birth, occupation, and employer info

Legal name, address, favourite food, height, and occupation

There are 6 required details to confirm KYC information, but only 5 are required for credit cards.

True

False

The consent to increase by X amount of dollars only needs to be read once for multiple card limit increases.

True

False

Depends if I am tired of reading

The minimum credit limit increase is:

$100

$250

A million gagillion dollars

$500

BOATS & CLI's

BOATS & CLI Knowledge Quiz

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