A bank giro transfer is a method of transferring money by instructing a bank to directly transfer funds from one bank account to another without the use of physical checks.
How a Bank Giro Transfer Works In the countries that use the giro system, requesting a transfer usually involves filling out an electronic form paper forms are less common.
Banks are able to set the specific hours for giro transfers, through these services are generally operating seven days a week.
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Bank Giro Transfer Comparison A paper check is the most common alternative to a giro transfer.