• Business Banking
  • Cash Management
  • Standing Instruction

Standing Instruction

  • A current account-holder may send his/her standing instructions to the bank to do the following businesses and other similar matters by the bank on his/ her behalf.

Standing Instruction

A current account-holder may send his/her standing instructions to the bank to do the following businesses and other similar matters by the bank on his/ her behalf.

  • Regular payments (for example – life-insurance premium)
  • Occasional payments (for example – share-premium payment, telephone bill, electricity bill municipal (development affairs committee) taxes.
  • Inter accounts linking services
  • Payments for stock, share and foreign currency sale/ purchase and investment.

Instructions may also be given to make account links between current and savings accounts. If there is not enough bank balance in the current account, cash may be transferred and withdrawn easily from another account linked with it.