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Latham Heritage Group Standing Order Mandate Form If you wish to set up a Standing Order then please complete this form, alternatively, if you have access to Internet Banking, you can set up a Standing
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What is current account standing order?
A current account standing order is an instruction to your bank to make regular payments of a fixed amount to a specified beneficiary from your current account.
Who is required to file current account standing order?
Individuals and businesses that wish to automate regular payments, such as bills or subscriptions, are required to set up a current account standing order.
How to fill out current account standing order?
To fill out a current account standing order, you need to provide the beneficiary's information, your account details, the amount to be paid, the frequency of payments, and the duration of the order.
What is the purpose of current account standing order?
The purpose of a current account standing order is to facilitate automatic and timely payments for regular expenses, ensuring that payments are made consistently without the need for manual input.
What information must be reported on current account standing order?
The information that must be reported includes your account number, the recipient's account details, the payment amount, the frequency of the payments, and the start and end dates of the standing order.
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