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nostro account
(redirected from nostro accounts)

   Also found in: Financial 0.01 sec.
nostro account [ˈnɒstrəʊ]
n
(Economics, Accounting & Finance / Banking & Finance) a bank account conducted by a British bank with a foreign bank, usually in the foreign currency Compare vostro account


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Enterprise-wide cash management implementation for nostro accounts * Real-time access to account information supports more proactive cash management * TLM WebConnect thin client delivery model eases global rollout LONDON -- SmartStream Technologies, the Transaction Lifecycle Management specialist, today announced that a leading Swiss Investment Bank has selected TLM([R]) Cash Management to manage its global cash flows.
With this latest version of TLM Cash Management, banks can deliver more proactive cash management services to nostro accounts and support corporates more effectively through the provision of accurate forecasting.
All central bank and nostro accounts are managed in LMS.
 
 
 
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