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Definitions from WordNet

Definitions from the Web

Giro Account

Definition:

A giro account is a type of bank account that allows individuals or businesses to manage their financial transactions electronically, such as making payments, receiving funds, and managing recurring payments.

Usage:

1. Noun - General Sense:

A giro account is a convenient way to handle regular financial transactions without the need for physical cash.

Example Sentence: I prefer using my giro account to pay bills instead of writing checks.

2. Noun - Banking Sense:

In banking, a giro account refers to an account used for transferring funds electronically between different bank accounts.

Example Sentence: The customer provided their giro account details to receive the refund.

3. Verb - Local Sense:

In some regions, the term "giro account" is also used as a verb, meaning to transfer funds electronically between accounts.

Example Sentence: I will giro the money from my savings account to my checking account.

Related Products:

• Online Banking Services
• Mobile Banking Apps
• Electronic Payment Systems