Financial Glossary what is girobank-plc


Girobank Plc

bank/">Girobank was established in 1968 and known then as the National bank/">Girobank. It was set up by the Post Office and provided a public banking facility for people without bank accounts. An additional advantage was that the number of post offices around the country was greater than the number of banks. Nowadays bank/">Girobank provides similar services to the other high street banks.
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