1. A system of electronic payment in which money is transferred directly from one bank account to another.
Usage: chiefly British; also used in other European countries
2. A check or payment issued by a post office or bank as part of a giro system.
Usage: chiefly British
3. A government welfare payment or unemployment benefit.
Usage: British informal; dated

Examples

• She paid her rent by giro transfer each month.
• The company uses giro payments to settle invoices with suppliers.
• He received his unemployment giro on the first of the month.
• The bank offers a giro service for regular bill payments.
• They sent a giro check to cover the deposit.
• Many pensioners still prefer to receive their payments by giro.