Home (Vostro Account)
Home  
 
 
Home » Stock market » Vostro Account


 

Vostro Account

Stock market Voluntary contributionsVoting Right

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 The term is normally applied to the counterparty's account from which funds may be paid into or withdrawn, as a result of a transaction.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

Stock market Voluntary contributionsVoting Right

 
 rssRSS