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The standing order is a payment instruction given by a?

The standing order is a payment instruction given by a?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Customer to the bank
  • B Bank to the customer
  • C Bank to an employee
  • D Customer to a fellow customer
Correct Answer: Option A
Explanation:
Standing order is an instruction to a bank by an account holder or customer to make regular fixed payments to a particular person or organization on their behalf.

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