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Home Accounting Dictionary Letter B Bank giro Credit Definition
 
 

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Bank giro Credit Definition:

A type of pay-in slip usually used when the payment is into an account held in a different bank. The two types of form are virtually identical - a bank giro credit can be used instead of a pay-in slip, but not the other way around, as the details of the other bank need to be entered on the bank giro credit.

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