giro system

/'dʒaɪrəυ ˌsɪstəm/ noun
a banking system in which money can be transferred from one account to another without writing a cheque

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • Giro — A giro is a method of payment. It is the opposite of a cheque, which is given to a payee who deposits it in a bank. A giro is given by the payer to his bank, which transfers funds into the payee s bank account. Giro is often used by post offices… …   Wikipedia

  • giro — 1) A banking arrangement for settling debts that has been used in Europe for many years. In 1968 the Post Office set up the UK National Girobank (now Girobank plc) based on a central office in Bootle, Merseyside. Originally a system for settling… …   Accounting dictionary

  • giro — 1) A banking arrangement for settling debts that has been used in Europe for many years. In 1968 the Post Office set up the UK National Girobank (now Girobank plc) based on a central office in Bootle, Merseyside. Originally a system for settling… …   Big dictionary of business and management

  • Giro Apo T'Oneiro — Γύρω Από Τ Όνειρο Studio album by Elena Paparizou Released …   Wikipedia

  • giro — gi‧ro [ˈdʒaɪrəʊ ǁ roʊ] noun [uncountable] also National Giro BANKING in Britain and some other countries, a system for sending money electronically from one bank account to another: • You can pay your gas bill by giro …   Financial and business terms

  • giro — ► NOUN (pl. giros) 1) a system of electronic credit transfer involving banks, post offices, and public utilities. 2) a cheque or payment by giro, especially a social security payment. ORIGIN Italian, circulation (of money) …   English terms dictionary

  • giro — [[t]ʤa͟ɪ͟əroʊ[/t]] giros also Giro 1) N COUNT In Britain, a giro or a giro cheque is a cheque that is given by the government to a person who is unemployed or ill. He lived on an invalidity pension which came as a weekly giro. 2) N UNCOUNT Giro… …   English dictionary

  • giro — n. & v. n. (pl. os) 1 a system of credit transfer between banks, post offices, etc. 2 a cheque or payment by giro. v.tr. ( oes, oed) pay by giro. Etymology: G f. It., = circulation (of money) …   Useful english dictionary

  • giro — [ dʒʌɪrəʊ] noun (plural giros) a system of electronic credit transfer involving banks, post offices, and public utilities. ↘Brit. a cheque or payment by giro, especially a social security payment. Origin C19: via Ger. from Ital., circulation (of… …   English new terms dictionary

  • giro — gi|ro [ˈdʒaıərəu US ˈdʒaırou] n plural giros BrE [Date: 1800 1900; : German; Origin: Italian, circulation of money ] 1.) a cheque paid by the government to someone who is unemployed 2.) [U] a system of ↑ …   Dictionary of contemporary English

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