"A giro (/ˈdʒaɪroʊ, ˈʒɪəroʊ/), or giro transfer, is a payment transfer from one bank account to another bank account and initiated by the payer, not the ...
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payee. The debit card has a similar model. Giros are primarily a European phenomenon; although electronic payment systems such as the Automated Clearing House exist in the United States and Canada, it is not possible to perform third party transfers with them. In the European Union, there is the Single Euro Payments Area (SEPA) which allows electronic giro or debit card payments in euros to be executed to any euro bank account in the area." - (en.wikipedia.org 26.11.2019)
