Nostro account

A Banking term to describe an Account one bank holds with a bank in a foreign country, usually in the Currency of that foreign country.

Related Terms: 4 Account, Banking, Currency, Term

Other Related Pages: Category: Global Starting With: N

Additional Related Terms: 10-K, Account, Account statement, Allowance for depreciation, Account aggregation, Account balance, Active account, Agent bank, Alternate account, Asset management account