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Nostro and vostro accounts
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== Loro accounts == There is also the notion of a ''loro'' account ("theirs"), which is a record of an account held by a second bank on behalf of a third party; that is, my record of ''their'' account with you. In practice this is rarely used, the main exception being complex syndicated financing. In the same style as [[#anchor1|above]]: * A ''loro'' is our account of ''their'' money, held by you.
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