- Giro clearing
- A Dutch central clearing house for banks.
International financial encyclopaedia . 2014.
Giro clearing
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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 — 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 institutions — A European term for clearing house. Broadly speaking it includes financial institutions, specialised in effecting domestic/inland payments, which are not subject to local government regulations pertaining to banking; however these institutions… … International financial encyclopaedia
Depository Trust & Clearing Corporation — Type Private Industry Finance Ge … Wikipedia
Cheque and Credit Clearing Company — The Cheque and Credit Clearing Company Limited is a membership based industry body with 12 settlement members. The company has managed the cheque clearing system in England and Wales since 1985, and in all of Great Britain since 1996 when it took … Wikipedia
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 — / 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 — / bæŋk ˌdʒaɪrəυ/ noun a method used by clearing banks to transfer money rapidly from one account to another … Dictionary of banking and finance
financial institution — noun an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets • Syn: ↑financial organization, ↑financial organisation • Hypernyms: ↑institution, ↑establishment • Hyponyms … Useful english dictionary
