Mirror Account Example at Bill Hass blog

Mirror Account Example. A nostro account refers to a bank account held in a foreign country by a domestic bank, denominated in the currency of the overseas country. A nostro account is a mechanism that banks use to keep track of all funds being held in other banks in the currency of the country where the funds are held. A nostro (our) account refers to an account held in a foreign bank, while vostro (yours) refers to the same account from the viewpoint of the foreign bank. These are not general ledger. Similarly, a mirror account gives the image of an account, but it is not the real account itself. For example, you set up a mirror table with the following.

Millionaire Forex Trader Launches Mirror Account f YouTube
from www.youtube.com

A nostro account is a mechanism that banks use to keep track of all funds being held in other banks in the currency of the country where the funds are held. For example, you set up a mirror table with the following. Similarly, a mirror account gives the image of an account, but it is not the real account itself. A nostro account refers to a bank account held in a foreign country by a domestic bank, denominated in the currency of the overseas country. A nostro (our) account refers to an account held in a foreign bank, while vostro (yours) refers to the same account from the viewpoint of the foreign bank. These are not general ledger.

Millionaire Forex Trader Launches Mirror Account f YouTube

Mirror Account Example For example, you set up a mirror table with the following. A nostro (our) account refers to an account held in a foreign bank, while vostro (yours) refers to the same account from the viewpoint of the foreign bank. Similarly, a mirror account gives the image of an account, but it is not the real account itself. For example, you set up a mirror table with the following. These are not general ledger. A nostro account refers to a bank account held in a foreign country by a domestic bank, denominated in the currency of the overseas country. A nostro account is a mechanism that banks use to keep track of all funds being held in other banks in the currency of the country where the funds are held.

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