A standing order is a regular payment from
a buyer to a seller. The buyer agrees a regular payment direct
from the bank account to the seller. The buyer instructs the bank
to make payments to the seller.
Example
Every 3 months you pay £21.00 for your TV Licence. The transaction
will be recorded on your bank statement.
Activity: What you can expect to see
on your statement:
Move your mouse pointer over items to find
out what each area means.
