Standing Order Form

[dpr-mrl]

Hello all,

I'm looking to create a standing form (payments on a quarterley basis), does anybody have any good templates?

Kind Regards.

 

[klchung]

why not just pop into your local bank and ask for one?? just say you will bring it back later

 

[Astaroth]

A standing order "form" is simply a piece of paper with the necessary details in one place and not any "official" form and therefore you can make it look like what ever you want it to.

Most forms I have seen are more or less copies of the direct debit form but without the dd legal parts and your company logo instread

 

[stugster]

Now there's a nice little feature these forums could have! Set templates that can be downloaded (like the standing order form) for use by small businesses!

Although the things you probably need on the form (don't quote me though, I'm not a bank!) are:

Title
Name

Address
Postcode
Telephone
Email

Account Number
Sort Code
Name on Account

Starting on (probably best to allow at least a month)
Amount
Pay every (month, day, etc.)

Signatures
Date

---
To Manager (manager, bank name, address, postcode)

And maybe a reference number box for your "office use only" so you can photocopy it and tie it up to your accounts.

 

[bwglaw]

You need to state your account name, sort-code and account number as well as the recipient

and,

last payment on [insert date], or until further notice

Those with internet-banking can create these online.

 

[stugster]

Ah yes! Please pay £200 a month into my bank "Anonymous".

 

[Astaroth]

You dont actually need your own account name, it can be good practice to have your banks name and address on it as a check that you have the sort code correct.

It is also worth noting if you require them to have a reference on it so that you can tell from looking at statements who the payments have come from/ what is in connection with.

 

[Strath]

When we did ours for a tenent in one of our properties we put it together ourselves, just like what was mentioned above, had the tenent complete it then i photocopied it and dropped it off any their local bank, they were quite happy to take it, and i've had no problems with collection of payments

 

[DuaneJackson]

KashFlow creates these for you at the click of a button based on your customers details.

Feel free to take advantage of our 60 day trial to just get a copy of the template.

 

[Astaroth]

Have to say any of the ones i have received has never been handed into the bank and normally gone straight in the bin. Cant remember the last time I went into a bank (other than as an employee) at all - have always set up SO either over the phone or over the net