Nostro Account

An account that a bank holds with a foreign bank.

Investopedia Says:
Nostro accounts are usually in the currency of the foreign country. This allows for easy cash management because currency doesn't need to be converted.

Nostro is derived from the latin term "ours."

our account in Latin, meaning an account kept by a bank or company in the currency of the country where the money is held, with the equivalent dollar amount noted in another column. Contrast with Vostro Account.