What are Vostro Accounts?


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Demand deposit accounts denominated in domestic currency maintained by overseas
banks with domestic banks are called VOSTRO accounts. Vostro means ‘your account
with us’.
Ex : If Barclays Bank, London has an INR account with Punjab National Bank, New Delhi
then such an account would be called a VOSTRO account.


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MT UVA BMS

MT UVA- University, Vocational and Affiliated Education for BMS

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