Oct 2018
Banks comply with RBZ's FCAs directive
https://bulawayo24.com
October 18, 2018
Local banks have started creating separate Nostro Foreign Currency Accounts (FCAs) and Real Time Gross Settlement (RTGS) FCAs in line with a directive issued by the Central Bank early this month.
Oct 2018
Banks Given Two Weeks To Separate Nostro Foreign Currency Accounts And RTGS Deposits
https://news.pindula.co.zw
October 01, 2018
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has ordered banks to separate Nostro foreign currency accounts (FCAs) from the real-time gross settlement (RTGS) deposits. This effectively means the Nostro FCA will be for actual United States Dollars while the RTGS accounts will be for electronic money and bond notes.