How does giro payment for salary work.
The company only need to inform their own bank once to credit
this amount of salary every month on the last day of the month and
than it will auto credit on the last day?
Or is it every month the company must inform the bank to credit
these amounts into these employees bank account?
How many days notice period must the company give to the bank in
order to credit the salary?
Like if salary is paid on last day of the month which is 31st
and a new staff joins in on the 29th, can the company still give
instructions to the bank to pay the salary for 3 days on the
31st?