Banking · Cash Management Services
An e-commerce platform processes transactions settled into its bank account on a T+2 basis via a Payment Aggregator. To maintain its supply chain, the platform requests a bank Cash Management Service (CMS) providing 'Early Settlement' and a credit line against 'In-Transit' receivables. What is the most significant operational risk that the bank must mitigate in this facility?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1The risk that the company's daily website traffic drops significantly, making the CMS setup structurally redundant.
- 2The risk that corporate current account interest rates will rise sharply, making the facility unviable for the firm.
- 3The risk that the beneficiaries will refuse electronic transfers and insist on physical cash delivery.
- 4The risk that the Payment Aggregator fails to remit the funds on T+2 due to technical or solvency issues, leaving the bank with unsecured exposure.✓
Correct answer
The risk that the Payment Aggregator fails to remit the funds on T+2 due to technical or solvency issues, leaving the bank with unsecured exposure.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Banking?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Cash Management Services MCQs →Want more practice questions on Cash Management Services?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Banking · Cash Management Services