Correspondent Relations

Mashreq values its relationship with over 450 Correspondents from 46 countries maintaining over 900 Vostro accounts with us.  We owe our continued growth in the field of Correspondent Banking to them and also to our Nostro Account relationships in over 30 currencies that provide Correspondent banking services on our behalf where we do not have a presence.  Having a large number of Vostro accounts in our books also helps us in making quick and efficient settlements via book transfers.