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With a standing order you can pay your fixed-amount bills on time. You can arrange a standing order using online banking (e-zaba) or in the nearest Bank branch. All you need is an account number, i.e. IBAN of the payee whom you wish to pay and the payee’s name. The Bank will make payments for you from your transaction account on the date you select.
Benefits
It’s simple and fast. The Bank will make your payments instead of you.
It’s safe. Payments are made exactly on the due date, or the date you choose.
It’s eco-friendly. Together we can decrease paper consumption.
Prices
Fees for arranging and executing a standing order are available in the Extract from the Decision on fee tariff for Bank's services for natural persons’ transaction accounts and payment services and direct channels.
Arrangement
With a standing order you can pay your fixed-amount bills from your transaction account in favour of accounts of natural persons or business entities on a date that you choose.
You can also arrange it for investment into Open Savings or for paying pocket money to your loved ones to their account.
You can simply arrange a standing order using online banking (e-zaba) or in the nearest Bank branch.
Use
With a standing order, payments can be executed from the 1st until the 28th day of the month in accordance with the Timetable of receiving and executing orders.
If there are no sufficient funds in your account on the date of execution, execution will be attempted over the next 13 days. When there are sufficient funds in the account for its execution and fee, the standing order will be executed.
In case there are no sufficient funds in your account after 13 days, the standing order will not be executed, and the client can settle their obligations for said period by making a payment in favour of the payee.
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