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Standing instruction has element of permanance in it. It remains in force for all time to come till repealed. A Standing Instruction (SI) is a remittance service by which a customer can instruct a Bank to effect regular funds transfers at pre-set timings and amounts from the customer's deposit account to designated beneficiary account(s).
The S/I service can be used to effect :
- Repayment of loans / hire purchase instalments
- Payment of bills / school fees / insurance premiums, etc
- Salary payments
- Inter-account transfer of funds
- Payment of safe deposit box rental
- Inter-account transfer of F/D interest upon auto-renewal (to be manually processed)
- Purchase of cashier's orders (which will be mailed to applicant customer via registered post)
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.
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 is the place where instruction in taekwondo takes place called?
The place where instruction in taekwondo takes place is called a dojang.
What is an instruction phase together with the execution phase called?
The instruction phase together with the execution phase is called a "Machine Cycle".
The permanent committees of Congress are called?
The permanent committees of Congress are called a standing committee. The standing committees of each house are controlled by the majority leader.
What is the highest point on a standing wave called?
The highest point on a standing wave is called the crest.
When an instruction is read from the memory it is called?
When an instruction is read from memory, it is called "fetching." This process is part of the instruction cycle, where the Central Processing Unit (CPU) retrieves an instruction from memory to execute. Fetching is the initial step, followed by decoding and executing the instruction. This sequence is essential for the proper functioning of a computer's processing capabilities.
What is a smaller part of standing committee called?
The smaller part of a standing committee is called a subcommittee.
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.
The Intel Itaniums use a new instruction set called?
The instruction set is usually called IA-64. This is not to be confused with EM64T, a 64-bit instruction set used in mainstream desktop processors. The answer your looking for is (EPIC)Explicitly Parallel Instruction Computing Chicagocubano strikes again
What is the smaller part of a standing committee called?
The smaller part of a standing committee is called a subcommittee.
What is opcode fetch?
The process of transferring instruction codes from memory location to instruction queue register is called opcode fetch.
