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ECOBANK VERIFIED BY (CRM / AN ECOBANK STAFF): SIGNATURE: DATE: D D MM Y Y Y Y ANNUALLY.

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A standing order is an automated payment method set up by a customer through their bank. Standing orders automatically send a fixed amount of money on a regular basis, and they can be used to send money to other people, organisations, or another bank account. Start invoicing for free.

For example, a phone bill might go up and down each month, so this would be paid as a Direct Debit. A rent payment is the same each month, so you'd pay this using a standing order.

You can create these types of standing orders: Standing orders for a single payment. Standing orders for recurring payments. You can distribute the total standing order amount across a number of periods or you can define a standing order payment schedule.

These give the bank an instruction to pay an exact amount to their account regularly. For example, you might set up a standing order to pay your rent.

Example #2 Amazon and Netflix run on a standing order basis for customers to pay their annual subscription fees. It ensures uninterrupted service to the customer, and the company receives automatic payment routed through the bank account.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232