Standing payment order

Standing payment order is for the purpose of making regular payments with fixed amounts to the beneficiary’s account.

• With the standing payment order, customers can fix the amount to be transferred from their current account, and establish the frequency and date for the payments.
   
• On the payment date fixed in the agreement, the bank shall transfer the agreed amount from your account to the beneficiary’s account. You only have to make sure that there are sufficient funds on your current account for the payment. 

Why prefer a standing payment order?

Conclusion of the standing payment order agreement enables you to stop worrying about various monthly fees and payments.