What is a Vostro account?
A) Your account at another bank
B) A foreign bank's account in your bank in your domestic currency
C) An account in your bank used for internal transactions
D) A customer's account at your bank

Question

Quizplus · Accepted Answer

A Vostro account is an account that a foreign bank holds with a domestic bank in the domestic currency. It is used to facilitate transactions and services for the foreign bank's clients.

What Is a Vostro Account