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Updated: Sep 20, 2026
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Oracle 1z1-415 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials |
| Exam Number: | 1Z0-415 |
| Available Languages: | English |
| Real Exam Qty: | 80 |
| Exam Format: | Multiple Choice |
| Related Certifications: | Oracle FLEXCUBE Universal Banking 12 Technical Implementation Essentials Oracle FLEXCUBE Universal Banking Certified Implementation Specialist |
| Exam Price: | USD 245 |
| Exam Duration: | 120 minutes |
| Sample Questions: | Oracle 1z1-415 Sample Questions |
| Exam Way: | Computer-based exam delivered through Oracle-authorized testing providers and available via online proctoring or test center where offered. |
| Pre Condition: | No mandatory prerequisite; Oracle recommends knowledge of Oracle FLEXCUBE Universal Banking and relevant implementation experience or training. |
| Official Syllabus URL: | https://education.oracle.com/learning-paths/oracle-flexcube-universal-banking-functional/lPathCol_OFSSFLEX_col_jv1 |
Oracle 1z1-415 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Money Market, Foreign Exchange, and Funds Transfer | - Treasury and Transfer Operations
|
| Topic 2: Basic Instructions and Retail Telling | - Retail Teller Operations
|
| Topic 3: Bills and Collections | - Bills Processing
|
| Topic 4: Fixed Assets, Expenses, and Lending | - Lending and Asset Management
|
| Topic 5: Letters of Credit and Nostro Reconciliation | - Trade Finance Operations
|
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
How many charge rules can be associated with a funds transfer product code? (Choose the best answer)
- A. nil
- B. one
- C. as many as possible
- D. two
Correct Answer: B 🗳️
Which three operations are not allowed for a product with the Discounted Straight Line method of revaluation? (Choose three.)
- A. partial payment
- B. limits tracking
- C. cancellation
- D. rollover
Correct Answer: A,C,D 🗳️
A Letter or Credit issue can be confirmed by a bank. Which bank confirms a Letter or Credit (Choose the best answer?)
- A. the collecting bank
- B. the confirming bank
- C. the advising bank
- D. the paying bank
Correct Answer: B 🗳️
A Letter of Credit with tenor as sight stipulates that the reimbursement of bills submitted under this Letter of Credit can be claimed immediately after negotiation of documents.
Which SWIFT message is generated by the system for claiming this reimbursement? (Choose the best answer)
- A. MT742
- B. MT752
- C. MT740
- D. MT747
Correct Answer: A 🗳️
You can create the Reimbursement LC product type in Oracle FLEXCUBE. When will a bank create a contract under the product type Reimbursement? (Choose the best answer.)
- A. when the bank acts as an advising bank
- B. when the bank acts as a claiming bank
- C. when the bank acts as an issuing bank
- D. when the bank acts as a reimbursing bank
Correct Answer: B 🗳️
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