standing order in Banking topic From Longman Dictionary of Contemporary Englishˌstanding ˈorder noun [countable, uncountable] British English an arrangement by which a bank pays a fixed amount of money from your account every month, year etc→ direct debitExamples from the Corpus...
The beauty of standing orders lies in their set-it-and-forget-it nature. Once you set up a standing order, the bank will automatically transfer the predetermined amount from your account to the specified recipient on a recurring basis, whether it’s weekly, monthly, or any other frequency yo...
Standing order ensures automatic payment of a pre-determined fixed amount of money at regular intervals. These orders are usually used to send money from one bank account to individuals, organizations, or other bank accounts. In other words, the account holders can use standing orders to permit ...
In that case you‘ll need to contact the bank you made the payment to. Calls may be monitored or recorded to help us improve our quality of service. You may also like Change a standing order You can change or delete a standing order in the app or in Internet Banking. We may ask ...
rule,order,instruction,protocol,procedure 权威英汉双解 英汉 英英 网络释义 standing order n. 1. (客户给银行的)定期付款指令,按期付款委托书an instruction that you give to your bank to pay sb a fixed amount of money from your account on the same day each week/month, etc. ...
1[countableC, uncountableU]BANKING an arrangement between a bank and a customer for the bank to pay a fixed amount of money regularly from the customer’s bank account to another accountSYN BANKER'S ORDER Customers can pay regular bills by standing order. With a standing order you tell your...
I created a standing order with my bank to pay my landlord every month. standing ordern(order in effect on ongoing basis)SCSimplified Chinese长期有效的命令cháng qī yǒu xiào de mìng lìng I had a standing order with the bakery for a dozen croissants every Saturday. ...
Discover what a standing order is, and the potential uses, with NatWest. Find out how to set up a standing order by reading our in-depth guide.
Standing orderBank Payments SystemBanking Operations in GhanaStanding order operations by the bank is a system by which customers instruct the bank to make systematic payments on behalf of the customer to a third party. Tdoi:10.2139/ssrn.2148454George Ekegey Ekeha...
A standing order mandate is a form with your own and the payee’s bank details, as well as the amount, date of payments and occurrence. Once you fill in the mandate, you can send it to your bank to set up the standing order on your behalf. ...