bankers order

missmoore | 17:13 Sat 24th Mar 2007 | Business & Finance

3 Answers

what is a bankers order?? is it just a direct debit?

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dzug

No - it's the opposite. It's an instruction to the bank to pay, not authority to someone else to collect from your bank.

Question Author

ah, like a standing order then?

dzug

Yes - just another name for it.

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