26/12/2011One of the leading banks in Azerbaijan - PASHA Bank - introduces a new product - Standing Orders to its customers. A standing order is an instruction that a customer issues to their bank in order to pay a set amount at regular intervals to another account holder (holders).
Standing orders enable the customer to save the time spent on running and execution of payments that are regular and frequent. All Bank customers, i.e. public sector organizations, commercial and non-commercial bodies, public unions, entrepreneurs as well as physical entities are entitled to apply for standing order instructions.