giro payment

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• 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 — ► 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 culture —    With the increase of joblessness in the early 1980s, the giro, an abbreviation for the girocheque method of welfare payment, became an icon of solidarity. Giro recipients maximized available resources. Leisure centres, cinemas and clubs… …   Encyclopedia of contemporary British culture

• giro day —    British    the day of the week in which the state makes payment to those without work and others thought deserving    With dependency, wholly or in part, on fiscal redistribution by government affecting some 40% of the population, it is not… …   How not to say what you mean: A dictionary of euphemisms

• 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 — 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 — 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

• Electronic bill payment — is a feature of online banking, similar in its effect to a giro, allowing a depositor to send money from his demand account to a creditor or vendor such as a public utility or a department store to be credited against a specific account. The… …   Wikipedia

• Malaysian Electronic Payment System — Industry Finance Founded December, 1996 Headquarters Kuala Lumpur, Malaysia …   Wikipedia

• 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