Standing Instruction / Direct Debit

Standing Instruction / Direct Debit

Pay on time by using automatic payment of direct debit or standing instruction.

Features and Benefits
  • Link to your desired account of CB Bank for payment
  • A current account holder gives standing instruction to the bank to do business transactions on his/her behalf
  • The following transactions can be made:
    • 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.
Rates and Fees

Fees - 0.05% for different branch or region

Requirements
  • Active CB Bank account
  • Original phone bill booklet and a copy
  • Original meter bill and a copy