bank giro

/'bæŋk ˌdʒaɪrəυ/ noun
a method used by clearing banks to transfer money rapidly from one account to another

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • bank giro — noun A credit clearing system which enables transfer of money between accounts in UK banks • • • Main Entry: ↑bank …   Useful english dictionary

  • Bank Giro — See giro …   Big dictionary of business and management

  • bank giro — Fin see giro (sense 1) …   The ultimate business dictionary

  • bank giro — / bæŋk ˌdʒaɪrəυ/ noun GB a method used by clearing banks to transfer money rapidly from one account to another …   Marketing dictionary in english

  • bank giro credit — ➔ credit1 * * * bank giro credit UK US noun [C] BANKING ► a printed instruction given to a bank along with a cheque or cash telling the bank to pay that money into someone s account: »The money was paid by bank giro credit …   Financial and business terms

  • Bank Giro Transfer — A method of transferring money by instructing a bank to directly transfer funds from one bank account to another without the use of checks. Bank giro transfers are predominantly used in European countries such as Germany, Austria, the Netherlands …   Investment dictionary

  • bank giro credit — See: bank transfer, giro …   Accounting dictionary

  • bank giro credit — /bæŋk ˌdʒaɪrəυ kredɪt/ noun a cash or cheque payment to an organisation or person which usually takes three working days to process. Abbreviation BGC …   Dictionary of banking and finance

  • 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

  • bank transfer — bank giro credit A method of making payments in which the payer may make a payment at any branch of any bank for the account of a payee with an account at any branch of the same or another bank …   Accounting dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.