Nostro Account

Also found in: Dictionary/thesaurus, Wikipedia

0.01 sec.

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.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
No references found			The group claimed its Islamic Nostro Account was the first of its kind to be offered by a mainstream Western bank. New bank account for Muslims by Coventry Evening Telegraph (England) The bank says its Islamic Nostro Account is the first of its kind to be offered by a mainstream Western bank. Bank launches Islamic transfer scheme by Huddersfield Daily Examiner (Huddersfield, England) The group claimed its Islamic Nostro Account was the first of its kind to be offered by a mainstream Western bank. Business Today in 2 Minutes: Bank account for Muslims; stocks and ... by The Journal (Newcastle, England)			Normal Distribution Normal Growth Firm Normal Growth Firms Normal Investment Practice Normal Market Size Normal Portfolio Normal probability distribution Normal Random Variable Normal Retirement normal trading unit normal wear and tear Normal Yield Curve Normal-Course Issuer Bid Normalized Earnings Normalizing method Normas de auditoria Normas eticas North America Free Trade Agreement North American Commission on the Environment North American Development Bank North American Free Trade Agreement North American Securities Administrators Association North Korean Won Northwest Atlantic Fisheries Organization Norwegian Krone Nostro Account Not a Name with Us Not Held Not Held Order Not Rated Not Reoffered Not To Be Noted Not to Exceed Not-for-Profit Not-Sufficient-Funds Check Nota Nota de garantia Nota del tesoro Nota fiscal Notar Notaris notary public note Note Agreement Note Issuance Facility Note Payable Note Printing Australia Note Receivable notes over bonds Notes to the Financial Statements notice			Nostradmus Nostratic Nostratic Nostratic Hypothesis Nostratic language Nostratic languages Nostratic languages Nostratic theory Nostratics Nostratics Nostredame Nostredame nostril nostril nostril nostril dilatation nostril dilatation nostril dilatation nostril fly nostril fly nostril fly nostril vibrissae nostril vibrissae nostril vibrissae nostrilled nostrilled nostrilled Nostrils Nostrils Nostrils Nostro Account nostro accounts nostro accounts Nostro and Vostro Account Nostro and Vostro Account Nostro Cash Manager Nostrodamus Nostrodamus Nostromo Nostromo (novel) nostrum nostrum nostrum Nostrum NoC Simulation Environment nostrums nostrums nostrums NOSU NOSUM NOSV NOSW NOSWA NOSWG nosy nosy nosy parker nosy parker nosy parkers nosy parkers nosy-parker nosying

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.