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Bill of exchange:

a written order to a person requiring the person to make a specified payment to the signatory or to a
named payee; a promissory note.

# good way of remembering things

# A nostro account to one bank must be simultaneously a vostro account to another bank. For example,
if UK Bank maintains a dollar account with USA Bank in New York, the account would be a USD-
denominated nostro account to UK Bank, but a vostro account in its home currency to USA
Bank.Similarly, if USA Bank maintains a GBP account with UK Bank in London, this would be a vostro
account to UK Bank, but a nostro account to USA Bank.
# also use “assets” and “liabilities” concepts to understand who these accounts belong to.

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