a bank account that belongs to one bank and which is held by another bank in another country. The phrase nostro account is used by the bank which owns the account, rather than the bank which holds it→ compare vostro account→ accountQuiz...
The RBI asked the top management of Indian banks to not only ensure that appropriate controls were in place, but also to reconcile their nostro account transactions – that is, to check that they matched their banks’ internal records. FromReuters A letter on Aug. 3, 2016 from the RBI to ...
nostro account Nostromo nostrum no such thing no-sweat nosy Nosy Parker Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024 How to useNostromoin a sentence Nostromosaid nothing, and the sick woman with an upward glance insisted. ...
In one of his etched Self-portraits (B. 338), Rembrandt wears the cadenette on the left side, which means that he took into account the reverse image the print would yield. Google Scholar In 1775, the engraver Valentine Green also made this association, evidenced by the fact that he ...
“your account on our books.” Similarly, the respondent bank calls such an account as Nostro or “our account on your books.” For example, if you are in the US and ask your bank to open a Rupee account for you. Your bank will open a Nostro account with its correspondent bank in ...
FTP stands for File Transfer Protocol, while SFTP refers to Secure Shell (SSH) File Transfer Protocol. This gives you file transfers that are secured via SSH, which provides full access to shell accounts. A shell account is one that sits on a remote server. ...
Step 4: The concerned bank’s NOSTRO correspondent then would credit the amount to the beneficiary bank. Step 5: Finally the beneficiary bank would finally transfer the money to the concerned customer’s account after they get a satisfactory statement of the statement of purpose. ...
Nam Sacerdos ille, qui huc ante nos aduenerat, nostro statim adutu in Galliam sua ipse sponte & pro veteri desiderio remigrauit. FromProject Gutenberg So Virgil, "Solemnes tum forte dapes et tristia dona ante urbem in luco," &c. ...