Actually, read it as conditional account-to-account standing order
Where conditional can depend on whatever underlying term: monthly transfer? minimum bank balance?
Make more sense now? :)
I am attempting to set up a new local Bank Standing Order instruction, from my bank (Std Chartered) to a loal HSBC account, can anybody tell me what box I am to tick if the options are:
1. Telegraphic Transfer
2. Internal Transfer
3. Demand Draft/Cashiers Order
4. Conditional Account to Account Standing Order
Thanks so much