Standing Order

Do you need to make regular payments i.e. pay fixed amounts at regular intervals. With a Standing Order facility from AIB you can automatically pay regular, fixed - amounts direct from your account on time and with a minimum of fuss.

How the Standing Order facility works:

• Automatic payments
  A Standing Order facility enables you to instruct AIB to automatically pay money from your account into another account in the Republic of Ireland (whether it's to another company* or to another account of your own) at a fixed amount and at regular intervals. Payments can be made every fortnight, month, two months, quarter, six months or year depending on your business needs.
  
  
• Total Control
  A Standing Order is an agreement between you and AIB Bank. You keep control of the transaction, you can amend or cancel it by giving appropriate notice in writing to your AIB branch.
  
  
• Convenient
  A Standing Order can be set up to transfer funds between your accounts. For instance, you can make regular payments on a loan or transfer money into a savings account. Download our Standing Order Set Up Form.

Benefits of a Standing Order facility:

• Easy
  A Standing Order means you don't have to worry about meeting your regular outgoings on time - your Standing Order will automatically take care of it for you.
  
  
• Money-saving
  Paying outgoings with a Standing Order is cheaper than writing a cheque or withdrawing cash.
  
  
• Time-saving
  A Standing Order eliminates the need to visit your bank when your regular payment is due and can be monitored using iBusiness Banking or by checking your regular statements.

Eligibility

• Open to any business.

*Standing Orders may not be used to pay utilities such as electricity, gas and mobile phone companies.

Important / Regulatory Notice

Terms and conditions apply.

• Terms and Conditions for Current Accounts and Demand Deposit Accounts

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