Withdrawals Quiz
Authored by Tambrey Gardner
Financial Education
Professional Development
Used 2+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a moneylink?
electronic funds transfer between a schwab account & outside account
a transfer of assets between accounts at schwab
System used to settle and clear money market securities
an electronic transfer of an account and the securities within between broker-dealers
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The hold time for an outgoing moneylink is 3 days
TRUE
FALSE
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of the following are transaction codes for Moneylink?
DDEFT
$MYLK
$JHL
PDEFT
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the cutoff time for moneylink?
7:30 PM ET
11:50 PM ET
5:30 PM ET
4:30 PM ET
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
What is the maximum transfer amount for a single moneylink transaction?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many moneylink transactions can be processed for the customer when they call in?
100
10
5
Unlimited
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
How can clients set up a moneylink?
With a rep over the phone
At a Branch
Schwab.com
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