Funds transfer standing orders service applies to businesses that wish to:
- the setting of standing orders for the servicing of recurring obligations: set a fixed amount standing order, to fulfill your recurring obligations (e.g. rental payments, subscriptions, etc.) within Piraeus Bank or at other banks.
- Cash sweeping within Piraeus Bank: set a balance transfer standing order, either to accumulate your cash in one account (zero balancing), or to ensure that you maintain a minimum or maximum balance in your business accounts (target balancing).
- Ensure payments settlement in case of insufficient balance: Set a Real Time Balance Transfer Standing Order to ensure a smooth and timely settlement of your financial obligations (e.g. paper cheque payment).