Investopedia / Mira Norian A Vostro account is held by a domestic bank with a correspondent bank. It helps manage international banking relationships and enables services like wire transfers and ...

FV Bank has introduced a new Virtual Account feature designed to help business clients automate and scale the attribution of incoming international payments.

Tucked between the Arabian Gulf and the Hajar Mountains, Sharjah ranks as the UAE's third-largest emirate. Balancing ...

This makes international money movement and management essential for financial life and highlights the need for fast and ...

The Central Bank of Nigerja (CBN) is targeting a $20 billion current account surplus in the medium term as reforms to boost ...

The FATF is a global organization established in 1989, headquartered in Paris, and composed of a 40-member body. The FATF ...

ISLAMABAD: Apprehending that several high-profile suspects involved in alleged money laundering and fake bank accounts cases ...

The Fund’s growth projection is notably higher than the 2.6pc GDP growth and 7.2pc inflation projected by the World Bank.

Companies often fail to refund money to victims and aggressively fight police to claw back scam money seized from machines.

Graph is now licensed by the Central Bank of Nigeria as an International Money Transfer Operator, enhancing its ability to ...

Axis Bank's Q2 results highlighted that the profit declined 26% YoY on account of increased provisions, but core income and ...

RBI amended FEMA regulations to permit Indian exporters to hold Foreign Currency Accounts in IFSC banks (like GIFT City).