Standing payment order
Resident – holder of sight deposit, or proxy with unlimited right to dispose of the sight deposit, can give an order to SB to effect payments on his/her behalf for specific service in MKD in the country:
- every month, from his/her sight account to a specific legal entity's account in the amount contained in a payment document
- in the exactly determined amount and on the exactly specified date in the month
By the standing order, the client can give an order to SB to transfer funds on his/her behalf to another account (for example for repayment of liabilities under loan approved by SB)
SB is not obliged to realize the standing order if there are no funds, or there are not sufficient funds at disposal, in the deposit account on the date of payment.