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A standing order (or a standing instruction) is an instruction a bank account holder ("the payer") gives to their bank to pay a set amount at regular intervals to another's ("the payee's") account. The instruction is sometimes known as a banker's order. They are typically used to pay rent, mortgage or any other fixed regular payments.
In May 2005 the task force announced that an agreement had been reached to reduce clearing times for phone, Internet and standing order payments. [19] This committed the payments services industry to develop a system able to clear automated payments in no more than half a day – the so-called ELLE model – resulting in payment being received the same day if made sufficiently early.
Standing order or standing orders may refer to: Standing order (banking) (or banker's order ), instruction to a bank to pay a set amount at regular intervals from one account to another Permanent rules of order governing parliamentary procedure for an assembly; as opposed to sessional orders or orders of the day
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Santander Bank, N. A. (/ ˌ s ɑː n t ɑː n ˈ d ɛər /) is an American bank operating as a wholly-owned subsidiary of the Spanish Santander Group. It is based in Boston and its principal market is the northeastern United States .
Santander UK plc (UK: / ˌ s æ n t ən ˈ d ɛər,-t æ n-/, US: / ˌ s ɑː n t ɑː n ˈ d ɛər /) [3] is a British bank, wholly owned by Banco Santander, a Spanish bank.Santander UK plc manages its affairs autonomously, with its own local management team, responsible solely for its performance.
Real Racing Club de Santander, S.A.D. (Spanish pronunciation: [reˈal ˈraθiŋ kluβ ðe santanˈdeɾ]), also known as Racing de Santander (pronounced [ˈraθin de santanˈdeɾ]) or simply Racing, is a football club based in Santander, Cantabria, Spain, that currently competes in Segunda División, the second tier of the Spanish league system.
Santander Bank Polska SA, formerly Bank Zachodni WBK (BZ WBK) (eng. West WBK Bank - the WBK abbreviation below) is a Polish universal bank based in Wrocław, Poznań and Warsaw. It is the third largest bank in Poland in terms of assets value and the number of outlets.