TerraPay Interview Questions and Answers

I have 5 years of experience in customer success roles, including managing accounts, onboarding new clients, and resolving customer issues.

• Managed accounts for key clients, ensuring their needs were met and exceeded

• Successfully onboarded new clients, providing training and support to ensure a smooth transition

• Resolved customer issues in a timely and effective manner, maintaining high levels of customer satisfaction

• Util...read more

Tom, cash, and spot transactions are all types of foreign exchange transactions.

• Tom transactions involve the exchange of currencies on a future date at a fixed rate.

• Cash transactions involve the exchange of currencies on the spot, or immediately.

• Spot transactions involve the exchange of currencies on a future date at the prevailing market rate.

• Examples of spot transactions include buying euros with dollars today, but s...read more

Futures and forwards are financial contracts that allow parties to buy or sell an asset at a predetermined price and date.

• Futures are standardized contracts traded on exchanges, while forwards are customized contracts traded over-the-counter.

• Both futures and forwards involve an agreement to buy or sell an asset at a future date and price.

• They are commonly used for hedging against price fluctuations or for speculative p...read more