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 Glossary   >   V   >   "Vostro Account" Definition   

        Vostro Account

The account a correspondent bank, usually U.S. or UK, holds on behalf of a foreign bank. Also known as a loro account.

Vostro Account


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Vostro Account - The account a correspondent bank, usually U.S. or UK, holds on behalf of a foreign bank. Also known as a loro account.


Vostro Account : the account a correspondent bank, usually u.s. or uk, holds on behalf of a foreign bank. also known as a loro account.