(and not called wiring, not sure what in english though) Giro is I think the standard English term for this although it is rarely used because it is a push sys

(and not called wiring, not sure what in english though) Giro is I think the standard English term for this although it is rarely used because it is a push system while (particularly in North America) banking systems in the Anglophone world typically use cheques which are pull based. Even coming from Canada, I was rather surprised at how ancient the US banking system is. Like it was stuck in the 80s for 2-3 decades. They are only now rolling out chip cards and frequently it is chip and sign rather than chip and PIN.