Discover what a Vostro Account is, its purpose in correspondent banking, and key services, including wire transfers and foreign exchange. Learn how it facilitates global banking ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. If you’re taking a trip abroad, it’s wise to get some foreign ...

Unused foreign currency is a waste of money. Yet we often return home with another country’s tender padding our wallets and jangling in our pockets. According to global charity Oxfam, unutilized ...

The House of Representatives Committee on Public Accounts on Tuesday, July 30 asked the Federal Ministry of Finance and the Office of the Accountant General of the Federation to immediately commence ...

There’s nothing like the thrill of traveling abroad and enjoying different cultures, delicious foods, and unforgettable sights. As you plan your itinerary, be sure to consider how you’ll pay for ...

Rachel Witkowski is an award-winning journalist whose 20-year career spans a wide range of topics in finance, government regulation and congressional reporting. Ms. Witkowski has spent the last decade ...