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Standing Instructions

Overview

Your business can use Standing Instructions if you tend to request cheques, drafts, money transfers or account transfers on a regular basis.

Need more information?

Small Businesses

  • Call us on 299-5555

Larger Businesses

  • Call us on 299-5333

Key features and benefits

  • Avoid having to make manual payments for the same amount, e.g. cable, rent, insurance etc.
  • Increased efficiency and accuracy - payments are automatically made on time
  • No missed payments
  • Confidentiality
  • Convenient

What you should know before you apply

Standing Instruction fees do NOT include the cost of foreign exchange. Standing Instructions are run on the same day of each period or on the prior business day, if the payment date falls on a holiday or weekend. The system retries two business days after the actual day.