Nostro Account definition

Nostro Account means the current account of a Member with its Correspondent Bank.
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Nostro Account means the current account of a Member
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Nostro Account means a bank account established in a foreign country usually in the currency of that country for the purpose of carrying out transactions there.
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Examples of Nostro Account in a sentence

  • The company will not be authorized to operate upon the account except for the purpose of transferring funds to the Nostro Account of the Bank.

  • The company will fund INR Account maintained with PNB, IBB New Delhi by remitting equivalent foreign currency amount into the specified Nostro Account of PNB.

  • Xxpoxxxxxx Xx. 0 00000 Xxxxxxxxx 0 XXXXXXX ING Bank ING Bank Bucharest Branch Bucharest 13-10 Xxxxxxxx Xxxx Xxxxxx 0 Xxxxxxxxx XXXXXXX RUSSIA Chase Manhattan Bank International ("CMBI") The Chase Manhattan Bank 1st Tverskaya - Yamskaya, 23 New York 125047 Moscow A/C The Chase Manhattan RUSSIA London (US$ Nostro Account) SHANGHAI (CHINA) The Hongkong and Shanghai Citibank Banking Corporation Limited New York 5/F.

  • It is hereby agreed among the parties to this agreement that the market making in the Securities by the Market Maker shall not be carried out by way of borrowing securities from the Corporation and/or the controlling persons in the Corporation and/or any other entity, and the Market Maker hereby undertakes that the Securities through which the market making shall be carried out as set forth in this agreement shall be exclusively out of the Market Maker's Nostro Account.

  • Xxxxxxxxxx Xx. 0 00000 Xxxxxxxxx Xxxxxxx RUSSIA Chase Manhattan Bank International ("CMBI") The Chase Manhattan Bank 1st Tverskaya - Yamskaya, 23 New York 125047 Moscow A/C The Chase Manhattan Russia London (US$ Nostro Account) SHANGHAI (CHINA) The Hongkong and Shanghai Citibank Banking Corporation Limited New York 5/F.

  • Exxxxxxxxx Xx. 0 00000 Xxxxxxxxx Xxxxxxx RUSSIA Chase Manhattan Bank International ("CMBI") The Chase Manhattan Bank 1st Tverskaya - Yamskaya, 23 New York 125047 Moscow A/C The Chase Manhattan Russia London (US$ Nostro Account) SHANGHAI (CHINA) The Hongkong and Shanghai Citibank Banking Corporation Limited New York 5/F.


More Definitions of Nostro Account

Nostro Account means a USD nostro account in the name of FRB held with XX Xxxxxx Xxxxx Bank, N.A., New York.
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Nostro Account means the current account of a Member with its CorrespondentBank.
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Nostro Account means an account that:
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Related to Nostro Account

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Master Account or “Judicial Council’s Master Account” shall mean the Judicial Council’s billing account to which the Contractor is authorized to charge specifically identified charges under this Agreement.

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.