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  • Standing Instructions / Direct Debit

Standing Instructions / Direct Debit
Same Branch - Without Fee

  • 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 behalf of her/him.

Standing Instructions

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 behalf of her/him.

  • A. Regular payments (for example – life-insurance premium)
  • B. Occasional payments (for example – share-premium payment, telephone bill, electricity bill municipal (development affairs committee) taxes.
  • C. Arranging short-term and urgent over-draft withdrawal permission with the bank in advance.
  • D. Inter accounts linking services
  • E. 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  • If there is not enough bank balance in the current account, cash may be transferred and withdrawn easily from another account linked with it.