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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.
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
A standard operating procedure (SOP) is a set of step-by-step instructions compiled by an organization to help workers carry out routine operations. [1] SOPs aim to achieve efficiency, quality output, and uniformity of performance, while reducing miscommunication and failure to comply with industry regulations.
The recurring deposit can be funded by standing instructions which are the instructions by the customer to the bank to withdraw a certain sum of money from his/her savings/current accounts and credit to the recurring deposit account.
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A standing rule is a rule that relates to the details of the administration of a society and which can be adopted or changed the same way as any other act of the deliberative assembly. [1] Standing rules can be suspended by a majority vote for the duration of the session, but not for longer. [ 2 ]
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Standing for more than two hours a day saw increased circulatory disease risks. Standing too much can raise the risk of circulatory disease, a new study says. Experts say the key is to 'just move.'