admin管理员组

文章数量:1648389

2019独角兽企业重金招聘Python工程师标准>>>

DEFINITION OF 'NOSTRO ACCOUNT'

A bank account held in a foreign country by a domestic bank, denominated in the currency of that country. Nostro accounts are used to facilitate settlement of foreign exchange and trade transactions. The term is derived from the Latin word for "ours." Conversely, accounts that are held by the domestic bank in its home country for foreign banks are called vostro accounts, derived from the Latin word for "yours."

INVESTOPEDIA EXPLAINS 'NOSTRO ACCOUNT'

For example, a U.S. bank may have nostro accounts with one or more Canadian banks. These accounts will be denominated in Canadian dollars, which enables efficient settlement of transactions that are Canadian dollar denominated. Nostro accounts also minimize the exposure of the U.S. bank to undue exchange rate risk. 


转载于:https://my.oschina/u/553266/blog/325734

本文标签： 银行外币账户外国Nostro

版权声明：本文标题：Nostro Account 本国银行在外国银行持有的外币账户 内容由热心网友自发贡献，该文观点仅代表作者本人， 转载请联系作者并注明出处：https://m.elefans.com/xitong/1729498335a1203179.html， 本站仅提供信息存储空间服务，不拥有所有权，不承担相关法律责任。如发现本站有涉嫌抄袭侵权/违法违规的内容，一经查实，本站将立刻删除。