Standing Order Mandate Form

Issue your borrower with a Standing Order Form for a more reliable method of payment.

Document: Standing Order Mandate Form

Document code: LO7

Document format(s):
Standing Order Mandate Form in Adobe PDF Document PDF

£2.99

	Available for instant download		Available in multiple formats
	Customisable documents		Saves both time & money

A standing order, which should not be confused with a direct debit, is by far the simplest and most reliable form of payment collection to ensure your loan repayments are on time at the agreed amount. A standing order is an instruction to the bank to send a set amount of money on a set day each month to a beneficiary, whereas a direct debit is a beneficiary claiming money from their customers account.

Although the amount and date are set you should always check the loan repayment has reached your account at the agreed amount, you are responsible for checking the payments.

Download a standing order form for your borrower to fill in at the time of signing the loan agreement. Be aware that if the loan repayment changes your borrower will need to fill in another standing order form.

The Standing Order Mandate Form is available to download instantly in the following formats:

Acrobat PDF Document

Adobe PDF

This document can be found in the following package(s)

Unsecured Loan Pack (SAVE 26%!)
Unsecured Loan With Guarantor Pack (SAVE 31%!)
Unsecured Loan Agreement + FREE Standing Order (SAVE 16%!)
Unsecured Loan Agreement With Guarantor + FREE Standing Order (SAVE 14%!)


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