Glossary entry

Italian term or phrase:

girofondi

English translation:

(funds) transfers between accounts (of the same customer)

Added to glossary by Anthony Tamburro (X)
Mar 15, 2004 20:06
21 yrs ago
21 viewers *
Italian term

girofondi

Italian to English Law/Patents Law (general)
this is a term in a banking text - "girofondi" between banks

Proposed translations

+2
10 hrs
Selected

(funds) transfers between accounts (of the same customer)

The meaning of "girofondo" in Italy is a transfer of funds from one account to another account. Both accounts belong to the same customer and are accounts of different banks.


See this example:

http://www.centrodata.it/doc02.htm

and the explanation:

http://www.creditofiorentino.it/Trasparenza/bonifico_italia....



Peer comment(s):

agree Grace Anderson
2 hrs
thanks, Grace
agree gmel117608
3 days 18 hrs
thanks
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4 KudoZ points awarded for this answer. Comment: "grazie 1000"
10 mins

BACS transfer (BE); bank giro credit (AE?)

'... ANYPAY generates these files. *Bankers Automated Clearing System* (BACS) The UK's > automated clearing system. ... EFT Short for > Electronic Funds Transfer. ...'
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