Definition of “giro” - English Dictionary

british dictionary

“giro” in British English

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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)