Uob giro 2025

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General Interbank Recurring Order (GIRO) is a convenient, paperless and cashless payment method which enables you to make hassle-free payments to billing organisations (BO) through your bank account.
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.
GIRO can facilitate easy payments for credit card bills, school fees, taxes, insurance premiums and more.
You can now apply for GIRO via the billing organisations website to get eGIRO set up in minutes. All you need to do is specify your designated bank for the payment through GIRO. At the banks internet banking login page, log in and select the bank account that the payment will be deducted from.
In 2003 the Girobank brand was dropped, with the business renamed Alliance Leicester following further consolidation in the Alliance Leicester group. In May 2010, Alliance Leicester was acquired by Grupo Santander and the Alliance Leicester brand was replaced by Santander UK.
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Its a payment that has come in to your account from an external source eg another bank account, salary, benefits, tax refund, dividends from investments.

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