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- How Do I Open a Bank Account
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Making Money Easier
The Easy Picture Guide to Banking
Paying Bills by Standing Order
You can pay bills by Standing Order.
This means that the Bank will take out the SAME AMOUNT each month from your Bank Account and pay it to the company that you have told it to.
Toset up a Standing Order you need to ask the Bank to give you a form. You must fill in the form and send it back to the Bank.
If you pay bills by Standing Order and you do not have
enough money in your Account, the Bank will not pay
the bill...
...and will make you pay some extra money. This is called a Bank charge.
This means that the Bank will take out the SAME AMOUNT each month from your Bank Account and pay it to the company that you have told it to.
Be careful!
If you pay bills by Standing Order and you do not have enough money in your Account, the Bank will not pay
the bill...
...and will make you pay some extra money. This is called a Bank charge.
#BANK CHARGE or FEE
This is an amount of money that the Bank can take from
your Bank Account if you have not got enough money
in your account to pay a bill or the Bank does
something special for you.
This is an amount of money that the Bank can take from
your Bank Account if you have not got enough money
in your account to pay a bill or the Bank does
something special for you.
