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  2. Giro (banking) - Wikipedia

    en.wikipedia.org/wiki/Giro_(banking)

    Giro systems originated in Ptolemaic Egypt in the 4th century BCE, where state granary deposits functioned as an early banking system with a central bank in Alexandria [5] accepting giro payments. Giro was a common method of money transfer in early banking. The first occurrences of book money are not known exactly.

  3. Electronic funds transfer - Wikipedia

    en.wikipedia.org/wiki/Electronic_funds_transfer

    Electronic funds transfer (EFT) is the transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems. The funds transfer process generally consists of a series of electronic messages sent between financial institutions directing each to make the debit ...

  4. Giropay - Wikipedia

    en.wikipedia.org/wiki/Giropay

    Giropay was an Internet payment system in Germany, based on online banking.Introduced in February 2006, this payment method allowed customers to buy securely on the Internet using direct online transfers from their bank account.

  5. Direct Benefit Transfer - Wikipedia

    en.wikipedia.org/wiki/Direct_Benefit_Transfer

    Direct Benefit Transfer [a] or DBT is an attempt to change the mechanism of transferring subsidies launched by Government of India on 1 January 2013. This scheme or program aims to establish a Giro system to transfer subsidies directly to the people through their linked bank accounts. It is hoped that crediting subsidies into bank accounts will ...

  6. The ‘great wealth transfer’ isn’t $72 trillion but $129 ...

    www.aol.com/finance/great-wealth-transfer-isn-t...

    The ‘great wealth transfer’ isn’t $72 trillion but $129 trillion, BofA says—and the government gave most of it to baby boomers. Hillary Hoffower, Chloe Berger. October 28, 2023 at 3:00 AM.

  7. Automated clearing house - Wikipedia

    en.wikipedia.org/wiki/Automated_Clearing_House

    Credit transfer: non-immediate transfer of funds between accounts at different financial institutions for payments by retail customers and non-urgent business-to-business payments. Direct debit payment of consumer bills such as mortgages, loans, utilities, insurance premiums, rents, and any other regular or membership style payment. These type ...

  8. Girobank - Wikipedia

    en.wikipedia.org/wiki/Girobank

    Postal giro, retail banking National Girobank was a British public sector financial institution run by the General Post Office that opened for business in October 1968. [ 1 ] It was initially called National Giro [ 2 ] [ 3 ] then National Girobank and finally Girobank plc , before being absorbed into Alliance & Leicester in 2003.

  9. girocard - Wikipedia

    en.wikipedia.org/wiki/Girocard

    girocard is an interbank network and debit card service in Germany connecting virtually all automated teller machines (ATMs) and banks. It is based on standards and agreements developed by the German Banking Industry Committee.

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