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Home > QFINANCE Dictionary > Definition of standing order

Definition of

standing order

Banking

authorization for automatic bank payments an instruction given by an account holder to a bank to make regular payments on given dates to the same payee.

Related definitions of "standing order"

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Definitions of ’standing order’ and meaning of ’standing order’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’standing order’ and other financial terms with our online QFINANCE Financial Dictionary.

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