Payment Orders (Standing Order)
You run your business while payments take care of themselves
Whether we are talking about rent payments, saving for your company’s future or unexpected purchases - all your regular payments require monthly transfers.
Is that really how you want to spend your time? That is why TEB offers a standing order service.
Standing order is a free service that can be activated through your local branch. It enables you to automatize your regular monthly bills through specific payments on a specific date. You can set standing orders for a specific period up to 5 years, It will save you a great deal of time and will ensure that your payments are made on time. If you temporarily have insufficient balance, standing order will use your overdraft facility to ensure payment is made.
Visit your nearest TEB branch for more information.