Omnibus account: Difference between revisions

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Compare and contrast with a [[nostro account]], which by the same latinate token, is necessarily and exclusively, a bank’s own proprietary account.
Compare and contrast with a [[nostro account]], which by the same latinate token, is necessarily and exclusively, a bank’s own proprietary account.


Loose-lipped operations folk merrily confuse the two, which will drive your [[CF10A]]  — and to a lesser extent those grammar pedants in [[legal]] — up the freaking ''wall''.
The fundamental and utter difference between an omni and a nostro will by no means stop loose-lipped [[operations]] folk merrily and regularly confusing the two, which will drive your [[CF10A]]  — and to a lesser extent we grammar pedants in [[legal]] — up the freaking ''wall''.


{{seealso}}
{{seealso}}