Certified Anti-Money Laundering Specialist (CAMS) 2025 – 400 Free Practice Questions to Pass the Exam

The term 'batch' in financial transactions specifically refers to an accumulation of transactions that are collected together before being processed or settled. This approach is commonly used in various financial systems to manage efficiency and streamline the transaction process. By grouping multiple transactions into one batch, financial institutions can minimize the costs and speed up the throughput of processing, as it allows for more efficient handling of data and resources.

In contrast, the other concepts related to financial transactions, such as total assets or methods of individual transaction processing, do not align with the definition of 'batch.' For example, total assets pertain to the overall financial strength of an institution, while individual processing emphasizes single transactions rather than a collection of them. Similarly, currency exchange rates relate to the value comparison between different currencies and do not have a direct connection to the way transactions are grouped or handled in batches.