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Definitions from the Web

Girobanking

Definition:

Girobanking refers to a banking system that allows the transfer of funds electronically between different bank accounts.

Examples:

Noun (General Sense):

1. Girobanking simplifies the process of money transfers, making it convenient for individuals and businesses.

2. Many people rely on girobanking to pay bills and manage their finances efficiently.

Noun (Local Sense):

1. In our small town, the local credit union provides girobanking services tailored to meet the needs of the community.

2. The introduction of girobanking in rural areas has revolutionized the banking experience for local farmers.

Verb:

1. Make sure to girobank your mortgage payment by the due date to avoid any late fees.

2. With the girobanking feature, you can easily transfer funds to your friend's account in just a few clicks.

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