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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With N
  5. Nostro Account

Nostro Account

Definition of 'Nostro Account'

A type of account held in a foreign country, usually in the currency of that country. The opposite to Vostro.

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Related Terms

VostroCurrent AccountAccount PayeeAccount Payee OnlyAMPSAppropriation AccountCMADirect DebitExchange Equalisation AccountExchange Equalization AccountMargin AccountMargin AgreementWire TransferAccountAccount Management Profile SystemAccount PayableAccount ReceivableAccount SaleActuaryAfter Tax Income

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