| 单词 | vostro account |
| 释义 | vostro account in British English (ˈvɒstrəʊ) noun a bank account held by a foreign bank with a British bank, usually in sterling Compare nostro accountvostro account in British Englishbank account held by a foreign bank with a British bank vostro account in Finance (vɔstroʊ əkaʊnt) Word forms: (regular plural) vostro accounts noun (Finance: Banking) nostro accountA vostro account is an account that a domestic bank holds for another foreign bank in the domestic bank's currency. "vostro" is from the Latin "voster", meaning "your" A vostro account is maintained by a foreign bank in India with their corresponding bank. In a vostro account, the administrators are not actually the owners of the money, but they must keepthis account solvent on behalf of its owner. A vostro account is an account that a domestic bank holds for another foreign bank in the domesticbank's currency. |
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