Mandate practice

2026

← Glossary

Nostro / Vostro Accounts

Two views of the same correspondent account: a nostro is "our account with you" held in a foreign currency; a vostro is "your account with us". They underpin cross-border settlement.

VeriRail: VeriRail helps you explain settlement arrangements clearly when your model depends on correspondent or nostro/vostro access.

When the next conversation with a bank, EMI, PSP or FX provider matters, the work is the Founder Advisory Seat — M.M. Thakur beside you on flow of funds, account-route readiness, DDQ and RFI answers, closures and live calls. Bank account first. Rails second. FX third. Compliance throughout.

Book the Founder Session

The Library is the framing. The Advisory Seat is the work.