Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is a Loro account?

account loro
0

If a bank in India (say KBL) has an account with Bank of New York and another Indian bank (say SBI) wants to refer to that account while corresponding with Bank of New York,New York, then it would refer the of a Loro account.

Related Questions

Thanksgiving questions

*Sadly, we had to bring back ads too. Hopefully more targeted.