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Meaning of “giro” in the English Dictionary

"giro" in British English

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gironoun

uk   /ˈdʒaɪ.rəʊ/ us   /ˈdʒaɪ.roʊ/
[U] a system used between European banks and similar organizations, in which money can be moved from one account to another by a central computer: The money was transferred by giro.
[C] UK a cheque that provides money from the government, through the giro, to someone who is unemployed or ill or has very little income: a giro cheque She didn't know how she would manage until her next giro.
(Definition of giro from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"giro" in Business English

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gironoun [C]

uk   /ˈdʒaɪrəʊ/ us  
BANKING a system used in connection with different systems to transfer money between post offices, bank accounts, etc. using paper documents or electronically: The court cannot accept payments by bank or giro credit transfers.
(Definition of giro from the Cambridge Business English Dictionary © Cambridge University Press)
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