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
Download the full white paper by clicking “Download PDF” below. The business sentiment in Qatar’s non-hydrocarbon sector stands at the second highest level in three years. Hydrocarbon sector optimism has moderated to 18 from the previous quarter, mainly weighed down by expectations of stability
By Dun & Bradstreet
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.