General Knowledge · General Awareness
In terms of structural deployment and transaction overhead for participant banks, what is considered a notable financial or operational attribute of operating within the SFMS model?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1SFMS relies strictly on a delayed store-and-forward mechanism that compromises immediate high-value inter-bank clearing stability.
- 2SFMS is architecturally limited to high-volume corporate payments, making small Retail Electronic Funds transfers impossible.
- 3SFMS operations include structured cost factors like periodic message infrastructure fees or billing.✓
- 4SFMS demands massive hardware changes but completely fails to scale for higher volumes.
Correct answer
SFMS operations include structured cost factors like periodic message infrastructure fees or billing.
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