Standing Order

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Let the Bank take care of all your monthly liabilities

Clients of Piraeus Bank can settle their regular monthly liabilities by means of standing order. Standing order is a contracting relation between account holder and the Bank, subject to which account holder authorizes the bank to debit his/her account in his/her name for the amount of monthly payments. Standing order enables Bank’s clients to choose time schedules and payment amounts and to select in advance currency date.

This service can be used by all citizens who:

• Have account, either RSD or FX, with Piraeus Bank
• Complete Standing Order Application Form in any business unit of the Bank
• Authorize Piraeus Bank to debit their accounts subject to Standing Order

Standing Order for Payment of Utility and Other Services

By issuing a standing order to Piraeus Bank, clients may settle the following regular monthly liabilities:

• Bills of Public Utility Company JP Infostan – for all citizens on the territory of Belgrade
• Bills of Telekom Srbija – for all citizens on the territory of entire Serbia
• Bills of Serbian Mobile Telephony – for all citizens on the territory of entire Serbia
• Bills of Informatika – for citizens on the territory of Novi Sad
• Telenor Company – for all citizens on the territory of entire Serbia
• VIP Company – for all citizens on the territory of entire Serbia

In order to sign up for this service, citizens only need to open current account in any business unit of Piraeus Bank and bring the last paid bills for services they want to issue a standing order to the Bank.

Standing Order PLUS

Client can sign up for Standing Order PLUS service by authorizing the Bank at certain time schedules, that may be daily, weekly or monthly, to transfer funds from client's account to some other account held with Piraeus bank or with some other bank. This service enables clients to settle their payment cards liabilities, loan installments, safe boxes rents etc from their current accounts without actually going to the bank.

Clients may also authorize Piraeus Bank for payments of their liabilities within other banks or some other legal entity (insurance company and the like).

Special benefit is the possibility of authorizing the Bank to purchase foreign currency every month, with funds from RSD account, without charging for conversion, by automatically transferring funds from savings account

Benefits of Piraeus Bank Standing Order are:

• Durable solution for settlement of liabilities
• Saving time
• Swift and simple procedure
• Cheaper transactions
• No default and penalty interests due to untimely payments