- Reconciliation of nostro account
- Reconciliation of nostro accounts is the process of matching the statements received from the NOSTRO banks with the postings kept by the automated system.
International financial encyclopaedia . 2014.
Reconciliation of nostro account
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Value date — An ISO term. The date on which the funds are at the disposal of the receiver. ISO Standard Telex Formats term. 6n or 35x. ISO Funds Transfer Messages term. ISO International Cheque Remittance term. ISO Message Authentication term. ISO Mail… … International financial encyclopaedia
Supplementary details — An ISO term. ISO Funds Transfer Messages term. ISO Nostro Account Reconciliation term. Information for the account owner which may be added to individual statement entries … International financial encyclopaedia
Advice — An ISO term. ISO Funds Transfer Messages term. ISO Bank Card Originated Messages term. The affirmation that an action has taken place. ISO Nostro Account Reconciliation term. A confirmation that a funds transfer has been executed. An advice … International financial encyclopaedia
Reference — An ISO term. A transaction identifier which is normally included as part of the information supplied with the transaction itself, and can subsequently be used to distinguish the transaction identified from other transactions (e.g., in nostro… … International financial encyclopaedia
Reference for the beneficiary — An ISO term. The reference which enables the beneficiary to identify the transfer. ISO Funds Transfer Messages term. ISO Nostro Account Reconciliation term. 16x. ISO Standard Telex Formats term. ISO Loan/Deposit Contract Forms term. 20x … International financial encyclopaedia
literature — /lit euhr euh cheuhr, choor , li treuh /, n. 1. writings in which expression and form, in connection with ideas of permanent and universal interest, are characteristic or essential features, as poetry, novels, history, biography, and essays. 2.… … Universalium
