Standing Instruction

With a standing instruction, the payer controls the payment: the customer tells their own bank to pay a set amount on set dates, for example a monthly transfer to a recurring deposit, an EMI to a loan account in the same bank, rent to a landlord or a contribution to a family member's account.

Key features:

• The amount and frequency are fixed by the customer and remain until the customer changes or cancels the instruction or it expires.
• The bank executes the payment only if sufficient funds are available; it may charge a fee for failed attempts or for transfers to other banks.
• Transfers within the same bank are internal; transfers to other banks go through interbank systems such as IPS.

The difference from a direct debit is who initiates the payment. In a standing instruction, the payer's bank pushes a fixed amount on the payer's instruction. In a direct debit, the payee pulls the amount, which may vary, under a mandate the payer has given.

स्थायी निर्देशनमा भुक्तानीकर्ताले आफ्नै बैंकलाई तोकिएको मितिमा निश्चित रकम तिर्न भन्छन्, जस्तै आवर्ती निक्षेपमा मासिक रकम, सोही बैंकको कर्जा खातामा किस्ता, घरभाडा वा परिवारका सदस्यको खातामा रकम।

विशेषता: रकम र अवधि ग्राहकले तोक्छन् र परिवर्तन/रद्द नगरेसम्म कायम रहन्छ; पर्याप्त मौज्दात भए मात्र कार्यान्वयन हुन्छ; अर्को बैंकमा पठाउँदा IPS जस्ता प्रणाली प्रयोग हुन्छ।

प्रत्यक्ष डेबिटसँगको फरक: स्थायी निर्देशनमा भुक्तानीकर्ताको बैंकले निश्चित रकम पठाउँछ; प्रत्यक्ष डेबिटमा भुक्तानी पाउनेले म्यान्डेटअन्तर्गत रकम तान्छ, जुन फरक पर्न सक्छ।