Common use of Standing Orders Clause in Contracts

Standing Orders. 8.1. In case of a standing order, the Client instructs the Bank to deduct funds from one or several its accounts at the specified dates and transfer them for the purpose of the services under clause 2 of this Agreement to the Bank indicated by the Client in a relevant application. 8.2. The Bank will provide the Client with the following standing order service: 1 1Standing order service can be activated only in respect of the transfers, which according to the Bank Regulation do not require the substantiating documents. 8.2.1. Utility bills, mobile phone balance top-up; 8.