Additional Information on the Giro-credit system (Undated, from Shamcher’s archives) INFORMATION FOR RECEIVERS OF GIRO-ORDERS (TRANSFER ORDERS) Transfer-orders or giro-orders are national and international means of payment. Like crossed checks they are orders to a clearing-office acting as a bank or book-keeping central for the customers to transfer the amount from the buyer’s to the seller’s account. The amounts cannot be claimed in cash.
How Giro-credit Worked
How Giro-credit Worked
How Giro-credit Worked
Additional Information on the Giro-credit system (Undated, from Shamcher’s archives) INFORMATION FOR RECEIVERS OF GIRO-ORDERS (TRANSFER ORDERS) Transfer-orders or giro-orders are national and international means of payment. Like crossed checks they are orders to a clearing-office acting as a bank or book-keeping central for the customers to transfer the amount from the buyer’s to the seller’s account. The amounts cannot be claimed in cash.