Last Article Update 10.03.2025
Recurring payment orders require time and effort. If there was only a way to simplify this... Well, there is! With George Business, you can easily set up standing orders. Please read further to see how you can set up and edit your standing orders with George Business.
1a. Access via the main menu: Go to the menu on the left side of your overview and click on "New Order". From the dropdown menu, click on "Standing Order." Select then the account with which you want to create a standing order.
1b. Access via your accounts: From the overview of your accounts, select the one you want to create a standing order from. On the top right, you will find a button saying "+New single transfer" with an arrow next to it. If you click on the arrow, you can select "Standing Order". The initiating account for a standing order will be prefilled with this account information.
2. You can now decide whether you want to create a standing order or a sweep order. To create a standing order, read further, to create a sweep order, please click here.
3. To create a new standing order, click on the "Create" button below the standing order option.
4. Click on the recipient name field to select a recipient.
5. You can now select the recipient from a dropdown. If you deal with a new recipient who is not yet in your address book, you can create a new business contact.
6. Enter the amount you want to transfer regularly.
7. In the next step, you can enter a text, a payment reference, or a sender reference. This is not mandatory but might help to correctly assign some standing orders.
8. In the next step, please select the interval. Though George pre-selects "monthly", you can change it to weekly, quarterly, half-yearly, yearly, or you select "irregular". Additionally, a last execution day can be set in order to limit the standing order for a certain period of time.
9. You can choose whether the payment should be processed before or after the due date if the original date falls on a bank holiday, weekend, or public holiday. This way, you stay in full control of your payments and ensure they are processed at the perfect time.
Your options:
10. You can now save your order, save it and create a new one, or sign it right away.
To edit your standing orders:
1. Go to your Standing & Sweep orders overview by clicking on "Your Orders" within the navigation on the left side of your overview.
2. Select Standing Orders.
3. You will now see all your standing orders.
4. By clicking on the respective standing order, you can either edit it or delete it.
5. After editing the necessary details, save your standing order or sign it.
Author: Samira El-Shamy