The manager of Shakey Bank sends a $2 million funds transfer payment message via CHIPS to the

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The manager of Shakey Bank sends a $2 million funds transfer payment message via CHIPS to the Trust Bank at 10 AM. Trust Bank sends a $2 million funds transfer message via CHIPS to Hope Bank later that same day. What type of risk is inherent in this transaction? How will the risk become reality?
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Financial Institutions Management A Risk Management Approach

ISBN: 978-0071051590

8th edition

Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

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