Standing Order

What is Standing Order?

A standing order is an instruction from a customer to their bank to pay a fixed amount of money to a specific person or organization at regular intervals. Unlike a direct debit, the customer has full control over the amount and timing of the payment.

Why It Matters

• Gives customers complete control over their recurring payments

• Ensures that fixed-amount bills are paid on time without manual effort

• Provides a reliable and predictable payment method for landlords and service providers

• Reduces the risk of overdrawing an account as the customer sets the payment amount