Vostro Account A local currency account maintained with a bank by another bank. The term is normally applied to the counterparty's account from which funds may be paid into or withdrawn, as a result of a transaction. Top Online Forex Brokers ...
Vostro Account A current (transactional) account for a bank that is held on the books of a bank in another country and is usually denominated in the currency of that country.
Vostro account. A vostro account from the point of view of the counterparty. To continue looking for other forex terms, click on the link below. Return from Forex Terms V to Forex Terms.
US term for " vostro account". Dutch Auction: A competitive bidding technique where the lowest price to sell the entire amount of the offered instrument is the price at which all instruments are sold.
Volume : The total amount of currency traded within a period of time, usu... Vostro account : A vostro account from the point of view of the counterpa... VUV : ISO 4217 currency code, Currency used in Vanuatu, called Vatu.
See also: Transaction, Currency, Exchange, Trading, Loss
 
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