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Standing Orders and Direct Debit

You can save bother in paying regular bills by arranging for it to be done by standing order or direct debit:

Standing order

A standing order is an instruction to your bank to make regular payments of a fixed amount, either to someone else or to another account in your name, such as a savings account.

Direct Debit

A direct debit is an authority which you give to someone else to claim money from your bank account to meet your bills or repay your loans. For instance, you can often arrange for telephone, gas and electricity bills to be paid in this way.


Why not try…

Choosing a bankCredit cardsTypes of credit

Yahoo! Student Zone

Credit cardsCurrent accounts: choosing your accountCurrent accounts: using your accountSavings accounts

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