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Nostro Account

Wall Street Mojo

Nostro Account Meaning Nostro Account is the account that a country’s bank holds in the bank of another country in the foreign currency. It helps the bank which has the account in the bank of another country by simplifying the exchange and trading process for the foreign currencies.

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4 Ways an M&A Platform Can Enable Efficient, Collaborative Due Diligence

Midaxo

Below we discuss four ways an M&A platform helps enable efficient and collaborative due diligence. Task management — assign responsibilities and due dates, setting clear guidelines for team members and holding them accountable. Namely: Information requests — all the material to be provided by the seller in one place.

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The Role of Professional Advisors: Accountants, Lawyers, and Brokers in Guiding Financial Choices for Buyers and Sellers

Sun Acquisitions

Accountants, lawyers, and brokers are pivotal in helping buyers and sellers make informed decisions that safeguard their economic interests. Accountants: The Financial Architects Accountants are the financial architects of any transaction. Valuation: Accountants help sellers determine the fair market value of their assets.

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Tradeweb and Japan Securities Clearing Corporation collaborate on Yen swaps

The TRADE

The post Tradeweb and Japan Securities Clearing Corporation collaborate on Yen swaps appeared first on The TRADE.

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Unveiling Global Potential: Razorpay Introduces EEFC Support for International Card Payments

Razorpay

That’s where Razorpay steps in, revolutionizing the game by letting you receive payments in USD directly to your EEFC account. What is an EEFC account? An EEFC (Exchange Earners’ Foreign Currency) account is a special account maintained in foreign currency with authorized banks.

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Razor-sharp Savings: Satrang Slashes Costs by 50% with Razorpay MoneySaver Export

Razorpay

All this was possible for Satrang only by one optimal solution – Razorpay MoneySaver Export Account. Designed for exporters, the Razorpay MoneySaver Export Account allows merchants to easily receive international payments through wire transfer methods such as ACH, SWIFT, SEPA, BACS, and Fedwire. Get started now!

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DTCC connects Saphyre’s trade solution to ALERT platform

The TRADE

Gabino Roche, chief executive and co- founder of Saphyre, said: “This collaboration between Saphyre and DTCC is another example of how Saphyre is leveraging pre-trade data to manage Ready-To-Trade capabilities for the front office while proactively streamlining post-trade settlement activities.

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