Standing Instructions

Overview

Your business can use Standing Instructions if you tend to request cheques, drafts, money transfers or account transfers on a regular basis. Benefit from faster transactions and lower fees for requests made through Business Internet Banking.

Need more information?

Call us on +1 441 299 5555

Key features and benefits

Avoid having to make manual payments for the same amount, e.g. cable, rent, insurance etc.
Increased efficiency and accuracy - payments are automatically made on time
No missed payments
Confidentiality
Convenient

What you should know

Standing Instruction fees do NOT include the cost of foreign exchange. Standing Instructions are run on the same day of each period or on the prior business day, if the payment date falls on a holiday or weekend. The system retries two business days after the actual day.