What Is the Name of the Foreign Bank Account That

question 14

Multiple Choice

What is the name of the foreign bank account that a trader maintains in a foreign bank and from which they would request transfer of currency to the account of another trader with whom they have concluded a transaction?

• A)nostro account
• B)short sale account
• C)settlement account
• D)interbank account

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Definitions:

Hexane

A straight-chain alkane with six carbon atoms, typically used as a non-polar solvent in organic chemistry.

Net Molecular Dipole Moment

The overall measure of the molecular polarity, determined by the sum of all individual bond dipole moments within a molecule, taking into account their direction and magnitude.

Molecules

The smallest unit of a chemical compound that can exist; made up of two or more atoms bonded together.

Molecular

Relating to or consisting of molecules, the smallest particle in a chemical element or compound that has the chemical properties of that element or compound.