Purse For Wallet Pouch Phone Girls 811 Women Leather Inch Samsung Holder With PU Credit grey 5 Cell 5 Smartphone Crossbody Under Card iPhone Bag Storage cYqZqvwd cowhide leather Wallet Brown KATANA KATANA 753196 Wallet
Wallet Navy ECCO Arne Rfid Arne ECCO Slim p8Uz6q
leather Brown Wallet KATANA Wallet cowhide KATANA 753196 5gYznwXq leather Brown Wallet KATANA Wallet cowhide KATANA 753196 5gYznwXq leather Brown Wallet KATANA Wallet cowhide KATANA 753196 5gYznwXq leather Brown Wallet KATANA Wallet cowhide KATANA 753196 5gYznwXq

GIRO was set up in 1984 as an electronic direct debit mechanism used by billing organisations (BOs) as a low cost means to collect payments. GIRO is a tripartite mechanism between billing organisations, customers and the bank. The authorisation for direct debit is a contractual relationship between a consumer and a BO; banks are the intermediaries in this tripartite relationship, and help to effect authorised GIRO deductions.

Today, GIRO is widely used for consumers to pay bills to government agencies and private sector BOs. GIRO is especially useful for payments which are regular in nature and of a fixed quantum. In the public sector, some fees such as MOM's foreign maid levy and CAAS' season parking, GIRO have been made the only means of payment. For many other public sector fees and charges, such as school and miscellaneous fees, rentals, seasons parking and personal income tax, a substantial proportion of the payments are also made through GIRO.

ABS Guidelines on Operating a GIRO

The ABS Guidelines spell out the roles and responsibilities of the various parties i.e. billing organisations (BOs), banks as well as customers. The Guidelines also explain the procedures to be taken when a GIRO application is to be opened, terminated or in the case of disputes.

753196 Wallet KATANA KATANA Brown leather Wallet cowhide