Foreign Bank Accounting Terms

CA Bhavin Shah , Last updated: 13 November 2014  
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Nostro, Vostro and Loro are Italian terms. These are the most commonly used terms in Forex Markets. For dealing in forex market, Indian Branch should have a current account with the foreign branch dealing in respective currency of that country. It is a pre requirement for an Indian Branch to

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Published by

CA Bhavin Shah
(SELF EMPLOYED)
Category Accounts   Report

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