A standing order can be set up quickly and easily via the internet banking, under the section Payments → Standing orders, as well as at any branch of SEB bank.

In setting up a standing order, you need to specify:

• Information about the beneficiary
• The amount and currency of the payment: a fixed amount, the amount in the account after the execution of the payment, or the entire balance on the account
• The frequency of the execution of the payment
• The date of the first payment
• The maturity date of the agreement

Standing order agreement will be automatically terminated if the payment will not be made three consecutive times due to insufficient account balance. Check out Standing order agreement terms and conditions.