Sentences with phrase «foreign local bank account»

Not exact matches

Qatari forex traders usually fund their accounts using the Riyal, exchanging it for US Dollars directly with the local introducing brokerages who represent foreign firms, or buying foreign currency for trading purposes from designated exchange banks.

Your business can receive forex payments from clients in select foreign countries, even if you have no local bank account there.

In recent scenario, the banks opted for such payment options by maintaining foreign accounts in a local currency that is generally known as Nostro accounts.

Using the service, Brazilian contractors and freelancers can now get paid in a range of foreign currencies, and receive BRL into their local bank account.