Why tier-one banks are warehousing dollars offshore

Three commercial-bank treasurers explain how the dollar liquidity is being moved out of the country - and why.

Ruth Kalinda Banking editor

1 May 2026

8 min

Tier-one bank treasurers describe how dollar liquidity is being parked offshore in NOSTRO accounts.

Ruth Kalinda

Banking editor

Ruth covers tier-one banks, supervision and the back-office plumbing of the kwacha economy. Chartered accountant; previously at Deloitte and the Bankers Association of Malawi.

Why tier-one banks are warehousing dollars offshore

Ruth Kalinda

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