Nostro Data

To manage Nostro Data, you must go to the Configuration menus and click on Nostro Data. Nostro Data can be added and managed for your organization if you have the Role Manager or Flow Manager roles.

Nostro Data List

Nostro Data List

In the nostro data list screen, you can:

  • Filter the list to view a more restricted list of nostro bank BICs or perform a search.

  • Create a new nostro data. For more details on how to create a new nostro data, please refer to the section: Nostro Data Creation.

  • Reload the table content by clicking on the Refresh button.

By selecting a specific nostro data from the list, you can:

  • Display the entire history of the selected nostro data. All changes made to the nostro data since its creation are listed with the corresponding dates and the identity of the modifier.

  • View the nostro data details.

  • Edit the information of the selected nostro data.

  • Delete the selected nostro data. You will be prompted to confirm this action. This action is final, please perform it with caution.

Nostro Data Creation

Select the organization associated with the nostro data and click on Create.

Nostro data - Creation screen

When creating a new nostro data, you need to specify at least the following required fields:

  • Nostro Bank BIC: this is SWIFT bank identifier code of the nostro bank.

  • The Currency code of the nostro bank.

And the following optional fields:

  • The Nostro Bank Name is the name of the nostro bank.

  • The Nostro Account is the account number of the nostro bank.

In the Editor section, you can review and edit the same fields as in the Creation screen.

Nostro data means to input the FIs' Nostro accounts hosting in the Nostro Bank. It will only be used when you have enabled Nostro enrichment in Flow. The system would help to look up the Nostro data list and see if the payment can be a direct settlement or requires a cover.