In the case of corporate trade payments, the link between the banks of the buyer and the seller is the _________.

EFT

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Lock boxes

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Automated clearing houses

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Wire transfers

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Both (A) and (D) above

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Solution

The correct option is C Automated clearing houses
In the case of corporate trade payments, the payment information from the payer is electronically transferred to an Automated Clearing House (ACH) which is a link between the banks of the buyer and the seller.
Hence, option (C) is the correct answer.

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In the case of corporate trade payments, the link between the banks of the buyer and the seller is the _________.

The correct option is C Automated clearing housesIn the case of corporate trade payments, the payment information from the payer is electronically transferred to an Automated Clearing House (ACH) which is a link between the banks of the buyer and the seller.Hence, option (C) is the correct answer.