Difference between revisions of "Vostro account"

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(Link with Account page.)
m (Update links.)
 
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* [[Account]]
 
* [[Account]]
 
* [[Correspondent banking]]
 
* [[Correspondent banking]]
* [[Nostro account]]
 
 
* [[Loro account]]
 
* [[Loro account]]
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* [[Nostro account]]
  
 
[[Category:Cash_management]]
 
[[Category:Cash_management]]

Latest revision as of 14:25, 2 May 2018

An account held by a domestic bank on behalf of a (different) foreign bank, when the account balance stands in favour of the foreign bank.

The term 'vostro' is derived from Latin, meaning 'in your favour'.

Also known as a Loro account.


See also