Definition of nostro account in English:

nostro account

noun

  • A bank account held by a UK bank with a foreign bank, usually in the currency of that country.

    • ‘It received these funds in its sterling nostro account at National Westminster Bank in London and credited the £25m to the BCCI Overseas inter-company vostro account.’

Origin

Nostro from Italian, our, ours.

Pronunciation:

nostro account

/ˈnɒstrəʊ/