Banking - Nostro accounts reconciliation

• ISO 7341:2005 specifies the data to be contained on a loro account statement (also known as vostro account), and the format of such data.
• It also provides rules for the creation, transmission and reconciliation of statements, and for the handling of references.

It Provides information on:

• Data to be included in statements.
• Rules for the creation and transmission of statements.
• Rule for the handling of references.

Who will benefit:

• Banking Services.

Keywords:

• Banking Nostro accounts reconciliation.
• Nostro accounts.
• Nostro accounts reconciliation.