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Glossary > B > "Bank Giro Credit (BGC)" Definition

Bank Giro Credit (BGC)

A one-off cash or cheque payment to an organisation or individual. Processing a payment made using a Bank Giro Credit takes three working days.

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Bank Giro Credit (BGC) - A one-off cash or cheque payment to an organisation or individual. Processing a payment made using a Bank Giro Credit takes three working days.

Bank Giro Credit (BGC) : a one-off cash or cheque payment to an organisation or individual. processing a payment made using a bank giro credit takes three working days.