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Zimbabwean Banks Declare That USD Nostro Transfers Are Not Actual USD, Deactivate MasterCards For International Use

Published: June 8, 2023

Banks in Zimbabwe have recently made a startling revelation: USD transfers from NOSTRO accounts are not equivalent to actual USD currency.

Source: iharare.com

Related Topics:

Linda Tsungirirai MasariraDavid ColtartDavid Coltart DavidcoltartShingai NdoroMthuli NcubeCard For InternationalZimbabwean Banks Sound AlarmNot ActualQuestion ValidityBanking SystemCards DeactivatedGlobal TransactionsSilence Raises ConcernsFinance Minister Mthuli NcubeCivil ServantsZimbabwean BanksInternational UseCard PrepaidMastercard Debit CardBusiness DebitMobile MoolaTelegraphic TransfersMastercard Prepaid