Crossword Genius

Praise transfer by bank that's returned (7)

Ross

I believe the answer is:

worship

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'praise' is the definition.
(I've seen this before)

'transfer by bank that's returned' is the wordplay.
'transfer by' becomes 'pihs' (I can't explain this - if you can you should give a lot more credence to this answer).
'bank' becomes 'row' (a bank is a row of things).
'that's returned' shows that the letters should be reversed in order.
'pihs'+'row'='pihsrow'
'pihsrow' written backwards gives 'WORSHIP'.

Can you help me to learn more?

(Other definitions for worship that I've seen before include "Adore, adulate" , "Religious rites and ceremonies" , "prayer" , "idolisation" , "Reverence for a divine being" .)

I've seen this clue in The Telegraph.
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