BGC

Bank Giro Credit (BGC)
A preprinted paper slip used to pay cash or cheques into a specified bank account. It is commonly found at the back of chequebooks and utility bills.
Bank Giro Credit (BGC)
Bank Giro Credit (BGC) is a method used to transfer funds electronically from one bank account to another, often used for personal payments, utility bills, and other financial transactions.

Accounting Terms Lexicon

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