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A correspondent account is an account (often called a nostro or vostro account) established by a banking institution to receive deposits from, make payments on behalf of, or handle other financial transactions for another financial institution. Correspondent accounts are established through bilateral agreements between the two banks.
A vostro is our account of other bank / "Foreign Bank's" money, held by us (by your country's bank) A vostro account is a record of money held by a bank or owed to a bank by a third party (an individual, company or bank). The nostro account is a way of keeping track of how much of the bank’s money is being held by the other bank. This is ...
For example, some U.S. banks merely request a copy of signature cards completed by the payable through customers (the customer of the foreign financial institution). These U.S. banks then process thousands of sub-accountholder checks and other transactions, including currency deposits, through the foreign financial institution's PTA.
A nested transaction is a database transaction that is started by an instruction within the scope of an already started transaction. Nested transactions are implemented differently in different databases. However, they have in common that the changes are not made visible to any unrelated transactions until the outermost transaction has committed.
Tamil Lexicon (Tamil: தமிழ்ப் பேரகராதி Tamiḻ Pērakarāti) is a twelve-volume dictionary of the Tamil language. Published by the University of Madras , it is said to be the most comprehensive dictionary of the Tamil language to date.
The Tamil language is native to Tamil Nadu , Puducherry (India) and Sri Lanka, where most of the native Tamil speaking population is highly concentrated. Tamil is also recognized as a classical language by the Government of India in 2004 and was the first language to achieve such status. [1] Tamil is one of the 22 official languages of India. [2]
The Tamil language of Dravidian family has absorbed many loanwords from Indo-Aryan family, predominantly from Prakrit, Pali and Sanskrit, [1] ever since the early 1st millennium CE, when the Sangam period Chola kingdoms became influenced by spread of Jainism, Buddhism and early Hinduism. Many of these loans are obscured by adaptions to Tamil ...
Sri Lankan Tamil dialects are distinct from the Tamil dialects used in Tamil Nadu, India.They are used in Sri Lanka and in the Sri Lankan Tamil diaspora.Linguistic borrowings from European colonizers such as the Portuguese, English and the Dutch have also contributed to a unique vocabulary that is distinct from the colloquial usage of Tamil in the Indian mainland.