Standing order (banking)
id:
standing-order-banking-248-4043640
title:
Standing order (banking)
text:
A standing order is an instruction a bank account holder gives to their bank to pay a set amount at regular intervals to another's account. The instruction is sometimes known as a banker's order. They are typically used to pay rent, mortgage or any other fixed regular payments. Because the amounts paid are fixed, a standing order is not usually suitable for paying variable bills such as credit cards or gas and electricity bills. Standing orders are available in the banking systems of a number of
brand slug:
wiki
category slug:
encyclopedia
description:
Instruction to a bank to pay a set amount at regular intervals
original url:
https://en.wikipedia.org/wiki/Standing_order_(banking)
date created:
date modified:
2024-04-03T18:22:51Z
main entity:
{"identifier":"Q13723387","url":"https://www.wikidata.org/entity/Q13723387"}
image:
fields total:
13
integrity:
14