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What is the difference between electronic clearing system and standing instruction?
Actually, ECS works upon standing instruction. So there is no difference between them , A standing instruction can be issued to the bank where a customer holds a account to debit/credit . In ECS you issue a mandate to the bank which debits your account periodically in case of ECS-Debit.
What else can I help you with?
What is a standing instruction?
A standing instruction is an instruction that remains in effect for an indefinite time. That is, it remains in effect until the office or person who issued the instruction retracts or cancels it.
Whats the difference between a standing order and a direct debit?
A Standing Order is your instruction to your bank to pay a certain amount from your account to us at certain times of the month. This instruction needs to be renewed every year when you get your account from us.Direct Debit - this is your authority for us to ask for payment from your bank account. Once this arrangement has been set up, it will carry on unless cancelled by you or us.
What has the author Craig Standing written?
Craig Standing has written: 'Internet commerce development' -- subject(s): Electronic commerce, Internet, System design
What is the difference of had and have?
the difference is if you have money today you will have friends. if you had money yesterday you probably are standing by yourself
Definition of standing instruction?
A standing instruction is an agreement between a customer and a financial institution that authorizes recurring payments or transactions to be processed automatically at set intervals without the need for manual initiation each time. This can include regular bill payments, fund transfers, or investment purchases as per the agreed terms.
Difference between standing orders and standing instructions?
"Standing Orders" is medically terminology for a set of physician's orders (e.g. on admission to the hospital, as well as pre- or postsurgically). Standing instructions are used in nonmedical settings.
What is the difference between an undergraduate and a graduate standing?
Typically, there is no difference. They are calculated in the same way.
How can I effectively drain standing water?
To effectively drain standing water, you can use a pump or a siphon to remove the water. Additionally, you can create drainage channels or install a French drain to redirect the water away from the area. Regularly clearing debris from gutters and ensuring proper grading of the land can also help prevent standing water.
What is the difference between smoking a cigarette and standing in a burning house?
Standing in a burning house will get you killed very quickly. Smoking takes decades to kill you.
What is the difference between two nodes on a standing wave?
The nodes on a standing wave are points with zero displacement. The main difference between two nodes is their position along the wave. Nodes are evenly spaced at intervals of half the wavelength.
What is the difference between a pergola and a gazebo canopy?
Typically the primary difference is that a pergola is attached to a building or a lattice. A gazebo, on the other hand, is a free standing structure. This is the big difference.
What is the difference in a cello and a base?
Its Bass, and the Bass is held while standing. Cello is always sitting.
