currency account

"How much before their currency account goes in the tank?"

Foreign currency accounts are generally not covered by national deposit insurance schemes.

Albanian citizens were given the freedom to open foreign currency accounts in Albania.

New financing regulations also enable the companies to draw more readily on hard currency accounts.

All foreign currency accounts in Pakistani banks were frozen to minimise the effects of economic sanctions.

For both businesses and individuals with financial interests abroad, particularly where payments are constantly being made or received, a foreign currency account is essential.

There are no extra charges over and above normal banking charges for maintaining a currency account.

Open a foreign currency account to make and receive foreign currency payments.

The Pakistani government, the papers report, made an economic move of its own: to keep money from fleeing the country, it froze all foreign currency accounts.

The Brazilian Government then retires the debt by paying 70 to 75 percent of its face value into a local currency account for environmental projects.

South Korea was struggling to replenish its dwindling foreign currency accounts and workers were striking against proposed layoffs.

May 29: State Bank bans opening of new foreign currency accounts and suspends withdrawals.

The officials are considering issuing an international payment card, permitting Algerian citizens with foreign currency accounts to obtain money in their own country.

Byelorus transferred its hard currency accounts from Vneshekonombank to a republican bank on Nov. 22.

Most of the major clearing banks offer private investors a wide range of foreign currency accounts, both in the UK and offshore.

In future, enterprises using foreign capital would be allowed foreign currency accounts in the State Bank or a foreign bank.

Nor are they dependent on foreign savings, a dependence that pushes South Africa's foreign currency accounts into deficit whenever the economy shows signs of vitality.

"Mr. President, these are the PRC's current currency accounts.

"If you're paid in a foreign currency and you have a strong cashflow, set up a foreign currency account and play the currency market."

Settlements can be made in a foreign currency and foreign currency accounts can be opened in Mauritius.

Many of the branches are also permitted to open Foreign Currency account for Import, Export and Travel expense related matter.

In addition to the ruble accounts, Mr. Lisov's investigators have seized hard- currency accounts and cash totaling $26 million.

A bank's currency accounts held with overseas banks (correspondents) are known as nostro accounts (nostro is Latin for 'our').

In view of the relatively large number of banks operating in offshore tax havens, individuals enjoy a wide selection of currency accounts and international banking services.

Foreign currency accounts can be a good option for importers and exporters as they allow you to 'net' receivables and payables in the same currency.