How do I create a standing order?
- Select Payments and Transfers
- Select Standing Orders.
- Select New Standing Order
- To create the standing order to an existing payee,
- Select Payee Group and Payee
- To create the standing order to a new payee
- Select the Pay From account
- Enter the Payee Name
- Enter the Payee Sort Code
- Enter the Payee Account Number
- Enter the Amount
- Select Faster Payments if the amount is under £1Mil or CHAPS Payment if it is over £1Mil
- Enter the Payee Reference - this may help the payee identify the funds
- Select the Frequency of the standing order
- Select First Payment Date
- Select the Validity of the standing order
- Until further notice
- After a Number of Payments - enter the number of payments
- Until a Final Payment Date -enter date
- Select Next.
- Carefully check the details and select Confirm, or Next if this is the first time you are using these payee details as you will need to authorise the standing order
