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ACI-Operations Certificate (3I0-010) - ACI Exam Questions

Last updated on June 20, 2026

97% Exam Compliance
342 Total Questions
1
Question
What is a settlement date?
Options
A the date, on which settlement must be made on the contracted amount or the differential amount of an operation
B the date by which the interest payment on an operation must be made
C the last date by which the minimum reserve amount can be paid to the central bank
D the date a deal is processed
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2
Question
If a bank incurs interest charges from having overdrawn an account due to a late payment from a
counterparty:
Options
A The bank should file a complaint with ACI s Committee for Professionalism.
B Nothing can be done to compensate the bank for the interest charges it incurs.
C The bank is entitled to seek reimbursement from the party responsible for the late payment.
D The bank will automatically be reimbursed by the party responsible for the late payment.
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3
Question
A counterparty pays your bank USD 10,000,000.00 5 days late requiring you to pay overdraft charges
of 8% p.
Options
A GBP 17,777.77
B GBP 6,944.44
C GBP 7,944.44
D GBP 6,849.32
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4
Question
Which of the following is a negotiable instrument?
Options
A a fiduciary deposit
B an on call deposit
C a fixed time deposit
D a certificate of deposit
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5
Question
Your FX swap dealer bought and sold 1 month EUR/USD 25,000,000.00; rates were set to 1.2500
against 1.2520. What payment is your bank expecting in a month from now?
Options
A EUR 25,000,000.00
B USD 31,250,000.00
C USD 31,300,000.00
D USD 19,968,051.12
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