"The financial & capital accounts are part of the balance of payments. The financial account tracks all of a country's external financial assets and liabilities. Major components of the financial account include direct investment, portfolio investment, other investments and reserve assets. The capital account tracks transfers of ownership across borders of fixed assets and acquisition or disposal of nonproduced, nonfinancial assets.The balance of payments is a record of a country's overall international transactions with the rest of the world (i.e. transactions between residents of a country and nonresidents). The balance of payments is divided into current, capital and financial accounts."