FBCC Quiz

Client's initial request, client's request to amend, free format message from client are examples of ___________, which are individual messages (correspondences) related to a specific product.

__________ admin function is used by bank administrator to define the roles used in finastra corporate channel by them as well as their corporates and the authorization matrix used to release transactional reporting messages to the customers.

Treasury services menu allows corporate user to process following transactions -

Corporate user onboarding can be done by bank admin or corporate admin.

Finastra corporate channel is a suite of applications which offers rich out-of-the-box online banking services across multiple business areas, such as _______________ and __________.

The following functions are available in the client administration module, except:

__________ is a common feature of finastra corporate channel which allows to send notifications to clients for any transactions that occurs in their account.

___________ defines what features / functions a user has access to in finastra corporate channel, such as menu access, list access, action buttons access, etc.

The following swift messages can be created under remittance (financial institutions) options in finastra corporate channel.

Corporate ABC limited wants to restrict the lc usage by- this can only be done outside channel via email.

What does system features cover?

A customer can be linked to multiple banks within the same banking group.

Users may be notified on chosen milestones, such as due date for payment if invoice under invoice payable, or repayment of a financed amount under invoice financing using ___________.

Using FX deal function, corporates can submit FX transactions to back office for -

__________ is where the client can enter the desired terms of a new letter of credit and submit them to the issuing bank of their choice.

___________ is a set amount limit that users with particular roles are allowed to process. Allows the users to move the transactions to next level of action.

These are the features of audit trail in finastra corporate channel, except:

Maker-checker functionality in fusion corporate channel is applicable for -

Which of the following statement/s is/are false about setting up banks in finastra corporate channel:

__________ is a function that displays a list of fund transfer records that have not been approved by the bank and are in draft state.

Which function does in middle office is used to advise the beneficiary of lc -

A __________ defines a set of basic permissions grouped together which a bank administrator assigns for a bank or client companies.

A bank reference is assigned by the bank's back office to a product transaction when the bank created it. Meanwhile, a system id is:

Which of the following statement/s is/are true on the bank group?

Into what format/s can a report be exported when executed?

Which of the following features are common for all finastra corporate channel clients?

___________ is where the client administrator can link a user to specific bank accounts used by the company and authorized to create transactions for.

Which is false about bank maintenance?

What function does the alert maintenance function have?

This feature of finastra corporate channel allow marketing and cross-selling for the client using the system:

__________ feature used to take actions by the bank playing an active role in transactions in finastra corporate channel.

Finastra corporate channel allows corporate user to perform following functions related to invoices -

Bulk service supports all product types except -

Account statement can be downloaded in all formats except -

Lending module of corporate channel allows following functions -

__________ allows to create an export letter of credit notification and upload the lc details from files where they are stored in mt700/mt701 format.

Corporates can extend the guest access of corporate channel to their counterparties -

The following new transaction records or notifications can be created by the bank's middle-office, except:

Which statement best describes a third-party transfer?

Domestic transfer” function is used to send money from your account to another company’s account in same country -

€�SG” is to shipping guarantee while "SI" is to __________."

Which of the following statement/s is/are true about client setup in finastra corporate channel:

__________ is where the list of frequently used text or narratives within the company is maintained.

This function allows to maintain a list of available customers __________, which are companies that transactions are related to, such as in letters of credit, banker's guarantees, fund transfers, shipping guarantees, or export documentary collections.

Users can use following function to change their password and default language -

Finastra corporate channel offers rich out-of-the-box online banking services across following business areas -

Cash services provide some of these following functions, except:

__________ is used by the administrator at a client company to maintain various lists of static data useful to the company.

): __________ allows the supplier to view the full history of the invoice by clicking on the “file” icon or original invoice details by clicking the “magnifying glass” icon."

Counterparties for early payment, invoice financing, dealer financing can be created under __________.

Transaction events submitted to the bank by its clients, which are now waiting for acknowledgement, can be accessed under:

In the report designer, the authorized administrator can:

The bank's middle-office actions can be split in three categories, except: