Multiple choice

In banking parlance, what does the letter C indicate in the usage of CBS?

  1. Credit

  2. Core

  3. Complete

  4. Connected
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

CBS stands for Core Banking Solution, where 'Core' indicates the centralized banking system that allows customers to access their bank accounts from any branch. It's not Credit, Complete, or Connected - those are common misconceptions.

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