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单词 nostro account
释义

nostro account


nostro account

(ˈnɒstrəʊ) n (Banking & Finance) a bank account conducted by a British bank with a foreign bank, usually in the foreign currency. Compare vostro account

Nostro Account


Nostro Account

An account at a foreign bank where a domestic bank keeps reserves of a foreign currency. A bank keeps a nostro account so that it does not have to make a currency conversion (which brings with it foreign exchange risk) should an account holder make a deposit or a withdrawal in that foreign currency. See also: Vostro Account.
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更新时间:2025/1/31 11:10:06