Standing order

Standing orders enable a more efficient management of funds and automatic execution of payment orders using pre-defined payment requirements.

Erste bank also provides standing orders for overnight deposits and standing payment orders to accounts at other banks.

Standing orders shall be performed in amounts, methods and recipient accounts (max. 10) as defined in your Request, and according to pre-defined frequency: daily at the end of current processing, on regular dates or with prior notification for next day, on weekly and monthly basis.

Key Information

1

Automatic execution of payment orders using pre-defined payment requirements

2

Outgoing transfer to accounts at Erste bank and other banks

3

Option of defining flexible payment amount and frequency

Fee

Outgoing transfer fee

0,10% of amount + transfer order fee

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