a) Standing Orders are instructions to remit funds either in-house from one account to another, or to accounts in other bank(s), periodically.
b) Bank may permit customers to use standing orders or automatic debits, from the account, unless there are specific terms & conditions to the contrary.
c) Bank reserves the right not to honour such instructions, if there is an insufficient available balance
d) In the event of non-payment, the Bank may levy a charge and debit the Customer’s Account with the same