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Standing instructions is one of the useful function to the
customer given by CUB. The main feature of the service is the
customer instruct the banker in writing to transfer certain
amount of money from their account to their loan account or
group account or recurring deposit account or fixed deposit
account at a regular intervals. Kindly avail the standing
instruction facility for your savings or loan repayment needs
It is the Duty of the customer to provide sufficient funds
in the account to enable the bank to carry out the standing
instructions. When a customer has not provided sufficient fund
the standing instruction will not be followed. so the customer
have to maintain sufficient balance on the date mentioned in
their standing instruction to the bankers. |