Medieval and later Forex

During the 15th century, a bank was required to the Medici family at foreign locations for the exchange of currencies to act on behalf of the textile merchants.To facilitate trade and the establishment of the Bank Nostro (translated from the Italian - "ours"). The account book that contains two entrances columns show the amounts of foreign and local currencies, information concerning the maintenance of an account with a foreign bank. During the 17th century (or 18), Amsterdam maintained Forex active market. In 1704, foreign exchange took between agents acting in the interests of the Kingdom of England and the Country of Holland.