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What is another word for banker's order?

Pronunciation: [bˈaŋkəz ˈɔːdə] (IPA)

Banker's order, also known as standing order, is a financial arrangement wherein a customer instructs their bank to make regular payments to a specified individual or organization. There are various synonyms for this type of payment method, including automatic payment, direct debit, recurring payment, and continuous payment authority. These terms are used interchangeably, depending on the country or region. Banker's order or standing order is particularly useful for individuals or businesses who need to pay regular bills, such as rent, mortgage, insurance premium, or subscription fees. It ensures that payments are made on time and without the need for constant manual intervention.
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What are the hypernyms for Banker's order?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Related words: banking order, bank order, what is a banker's order, definition of bank order, how to make a banker's order, how to get a banker's order, what is the format of a banker's order

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  • What is a bankers' order?
  • How to get a bankers' order?
  • How to make a bankers' order?

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