What are the answers to questions 21-25 regarding banking and finance topics?

here are the answers to your questions:

21. An MTO transfer becomes high risk when
An MTO (Money Transfer Operator) transfer becomes high risk when there are discrepancies or potential issues that could lead to fraud or incorrect payments. A mismatch in beneficiary details is a critical indicator of high risk.

The correct option is B.

$$\boxed{\text{Beneficiary details mismatch}}$$

22. The party on whom a bill is drawn is
In a bill of exchange, the drawee is the party who is ordered to pay the specified sum of money. The drawer is the party who issues the bill.

The correct option is B.

$$\boxed{\text{Drawee}}$$

23. The system used to send a secret number to the branch via
For secure communication of sensitive information like a "secret number" between banking entities, SWIFT (Society for Worldwide Interbank Financial Telecommunication) is the standard global network used by banks for secure financial messaging.

The correct option is A.

$$\boxed{\text{SWIFT}}$$

24. Unauthorized transactions must be cleared:
Unauthorized transactions pose a significant risk to financial institutions and must be addressed promptly to prevent fraud, errors, and compliance breaches. Therefore, they should be cleared as soon as they are identified, which typically requires daily monitoring.

The correct option is B.

$$\boxed{\text{Daily}}$$

25. Which of the following is not a responsibility of the Associate International Business Service Officer?
An Associate International Business Service Officer is typically involved in the operational aspects of international banking, such as checking transaction correctness and reconciling MTO statements. Identifying branches that do not provide international banking services and forwarding a list is generally a more strategic or administrative function, often handled by management or a specialized department, rather than a direct operational responsibility of a service officer.

The correct option is B.

$$\boxed{\text{Identifies branches that do not provide International Banking Services and forwards their list accordingly}}$$