FIE 4U 25. Why do banks often act as intermediaries to obtain funds for companies from overseas? Select one: a. It is illegal for companies to obtain funds from abroad unless they are listed as a financial intermediary with APRA. X b. Borrowing funds from overseas sources is risky, and where a bank acts as an intermediary they bear all the default and foreign exchange risk. C. They typically have high credit ratings and hence are better placed to borrow money overseas than many companies. d. Because borrowers want to minimise their tax obligation