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0.00% $1.07 southern cross payments ltd

Ann: Shareholder Update, page-418

  1. ceviche
    1,047 Posts.
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    18/11/19
    10:24
    Post #: 41479348
    i think i missed the specific example of your earlier question.
    For the US account to NAB
    https://www.nab.com.au/personal/travel-and-overseas-banking/receive-money-from-overseas
    Other local banks have guides, CBA have a detailed pdf..
    In general most banks keep an "OURS" and "THEIRS" a/c
    https://www.investopedia.com/ask/answers/051815/what-difference-between-nostro-and-vostro-account.asp
    There's a Bank of International Settlements which gets involved with eod transactions between central banks.
    ISX Price at posting: $1.07 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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