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.
into whenever needed. Establish a budget. Determine how much money to feed into the fund, and how often. Do Establish a budget. Decide exactly what the contingency fund will be for. Move money into the fund as appropriate. Automate saving into the fund so that it is not optional. Set up a standing order
postal and administrative costs for both parties. Ensure that clients are aware of the range of payment options. It is possible to pay by BACS (Bankers’ Automated Clearing Services) transfer and other electronic payment systems such as PayPal or WorldPay, as well as by standing order, direct debit
to gauge where the company stands vis-à-vis its competitors, consult market forecasts (of the firm’s products and production costs), interview the firm’s executives and other employees (as far as this is allowed by the laws that govern financial markets), and conduct sensitivity analysis.
By Jos van Bommel
On the upside, their weakening currencies are giving them some breathing room. However, in order to export their way out of trouble the existing manufacturing points on the pipeline must now become service-led economies. What this means is simply that places need to be swapped in the pipeline.
By Arun Motianey
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.