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Standing Orders

The Standing Orders service ensures effective systematic payments by automatically processing them, depending on the frequency that you establish.

 

  • Time saving
    By automating recurrent payment.
     
  • Control
    Over the amounts automatically transferred between the BRD accounts.
     
  • Certainty
    That the scheduled transfers are processed in due time

 

The Standing Orders service is the ideal solution for your business to make:
 

  • Recurrent payments to merchants, partners, dealers etc. on fixed dates depending on the selected interval.
  • Permanent transfers between the current accounts and the collector accounts.

The Standing Orders Service operates by automatically transferring the established amount at chosen time intervals.
 

Choose the type of scheduled payments depending on your business:
 
  • Constant amount transfers
  • Full balance transfer
  • Transfer of the amount exceeding a certain balance limit (as set through the Standing Orders subscription form)

 

 

 

Are standing orders allowed between accounts opened in different currencies?

Yes, the service ensures automated processing of transfers between current accounts opened with BRD, irrespective of the currency in which they are opened.
 
What happens if I do not have available funds in the account to make the payment?
In case there are not sufficient available funds in the account to process the transfer on the specified date, the bank will not perform the transaction, and the transfer in cause will not be initiated again until the next due date.
 
At which time intervals can I set a scheduled payment?
The frequency of a scheduled payment is: daily, weekly, bi-monthly, monthly.