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BGC in Accounting Meaning

The BGC meaning in Accounting terms is "Bank Giro Credit". There are 1 related meanings of the BGC Accounting abbreviation.

BGC on Accounting Full Forms

  1. Bank Giro Credit A bank giro credit (BGC) is a standardised paper form that has the name and account details of a specific organisation or business printed on it. When the form is completed by a customer and handed/posted to a bank with cash or a cheque, it acts as an instruction to that bank to pay the specified sum of money to the organisation or business whose bank details are printed on the bank giro credit.

Frequently Asked Questions (FAQ)

  1. What does BGC stand for Accounting?

    BGC stands for Bank Giro Credit in Accounting terms.

  2. What is the shortened form of Bank Giro Credit in Accounting?

    The short form of "Bank Giro Credit" is BGC for Accounting.

Citation

BGC in Accounting. Acronym24.com. (2021, September 3). Retrieved December 26, 2024 from https://acronym24.com/bgc-meaning-in-accounting/

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