Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 442)
442.
What is the name of the account, a bank holds on behalf of another, often a foreign bank?
Vostro account
Forex Trade Account
Settlement Account
Nostro account
Answer: Option
Explanation:
Vostro account is the name of the account that a bank holds on behalf of another, often a foreign bank.
Discussion:
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