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Ripen Grammar School Parents Association Standing Order Mandate for the 200 Club Please complete this form if you would like to join the RGS 200 Club and return it to the address on the foot of this
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Standing order mandate 200 is a form of automatic payment instruction given by an account holder to their bank to authorize a regular payment to a specific recipient.
Any individual or organization who wishes to set up a recurring payment to be made from their bank account.
The form usually requires the account holder to provide details such as the recipient's name, account number, amount to be paid, frequency of payment, and authorization signature.
The purpose is to automate regular payments, such as rent, utility bills, memberships, etc., to ensure timely and hassle-free transactions.
Information such as recipient's name, account number, payment amount, frequency, and authorization signature must be provided.
The penalty for late filing may vary depending on the bank or financial institution, but it could result in additional charges or inconvenience for the account holder.
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