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In the context of SWIFT, what does the 'Relationship Management Application' (RM

Q: Answer-In the context of SWIFT, what does the 'Relationship Management Application' (RMA) specifically do?&...

RMA is a security measure. It ensures that a bank only receives SWIFT messages from counterparties with whom it has a pre-established business relationship, preventing unauthorized or fraudulent message attempts.

A specifically do?

A It calculates the exchange rate for the transaction.

B It is a service-to-service filter that allows banks to control which institutions they accept messages from.

C It is the hardware security module used to store private keys.

D It converts the MT (Message Type) format to the new ISO 20022 format.

E It tracks the real-time location of the funds during transit.

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In the context of SWIFT, what does the 'Relationship Management Application' (RM

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