What does the cryptic crossword clue "Bank really giving away a pound (4)" mean?

This cryptic clue uses wordplay to arrive at the answer. Visit the page for progressive hints — definition, wordplay type, and a full step-by-step explanation.

Bank really giving away a pound (4)

Guardian Cryptic #29465 | 24 Down | 2024-08-19

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I haven't cracked this one yet — but the brilliant team at Fifteensquared have:

REALLY less A L

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