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Nostro and vostro accounts

Nostro and vostro (from Italian, nostro and vostro; English, 'ours' and 'yours') are accounting terms used to distinguish an account held for another entity from an account another entity holds. The entities in question are usually banks.

Accounting, Loro accounts & Overview

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Overview

Loro accounts

  • Above Nostro and vostro accounts

Accounting

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Nostro and vostro accounts

Nodes16
Edges15
Triples0
Avg. degree1.88
Density0.125
Components1

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Important terminology

account bank nostro vostro money held banks record accounts foreign another country balance accounting currency used one records keeping credit

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