bank giro credit

bank giro credit bank giro credit credit1

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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. 2012.

Look at other dictionaries:

  • 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

  • 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 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 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

  • bank transfer — bank giro credit; BGC 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 …   Big dictionary of business and management

  • credit — an entry made on the right hand side of an account and indicating a gain to a liability, owner s equity or revenue account. Glossary of Business Terms money loaned. Bloomberg Financial Dictionary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1.… …   Financial and business terms

  • Credit — Money loaned. The New York Times Financial Glossary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1. [uncountable] COMMERCE an arrangement with a shop, supplier etc to buy something now and pay for it later: • They are saving for new furniture… …   Financial and business terms

  • 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 — For other uses, see Bank (disambiguation). Banker and Bankers redirect here. For other uses, see Banker (disambiguation). Banking …   Wikipedia

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