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FrançaisThe currency of any foreign country which is authorized medium of circulation and the basis for record keeping in that country. Foreign currency is traded by banks either by the actual handling of currency or checks, or by establishing balances…
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An account maintained in a foreign bank in the currency of the country in which the bank is located. When such accounts are kept, they usually represent that portion of the carrying bank´s foreign currency account that is in excess…
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Current or liquid claims payable in foreign currency and in a foreign country (bank balances, checks, bills of exchange). Not to be confused with foreign bank notes and coin, which are not included in this definition.
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