Vostro Account Benefits, Uses and How It Works?
These case studies will help us understand the key differences between these two types of accounts and how they are used in international banking transactions. Nostro and Vostro accounts are termscommonly used in international banking transactions, particularly in thecontext of foreign exchange dealings. Nostro and vostro (from Italian, nostro and vostro; English, ‘ours’ and ‘yours’) …