BGC in Banking Meaning
The BGC meaning in Banking terms is "Bank Giro Credit". There are 1 related meanings of the BGC Banking abbreviation.
BGC on Banking Full Forms
- 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)
What does BGC stand for Banking?
BGC stands for Bank Giro Credit in Banking terms.
What is the shortened form of Bank Giro Credit in Banking?
The short form of "Bank Giro Credit" is BGC for Banking.
Citation
BGC in Banking. Acronym24.com. (2021, September 3). Retrieved December 26, 2024 from https://acronym24.com/bgc-meaning-in-banking/
Last updated