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Current Accounts

How do I set up a Standing Order?

You can set up a Standing Order using Online Banking,
 
Log in to Online Banking and click on your account and then select Manage account on the top right hand side.

Select Move money out on your Account Overview.

To set up a Standing Order to an account you've paid into before:

  • Choose the payee from the drop-down menu, then Continue
  • You can enter a reference so the payee will know the payment is from you
  • Choose Regular as the payment frequency and input the amount
  • Select the date in which you would like the first payment to leave, how often the payment should be sent and how long the payments should be sent for
  • Check and Confirm your payment details

To set up a Standing Order to an account you've not paid into before:

  • Select NEW PAYEE
  • Input the payee's name, sort code, account number
  • You can enter a reference so the payee will know the payment is from you
  • Select the date in which you would like the first payment to leave, how often the payment should be sent and how long the payments should be sent for
  • Check and Confirm your payment details

 

 







Comments

TESCO FINANCE

 

Account number **sensitive info removed**4

 

Balance £5554.42

 

 

Dear Sirs

 

 

As you are aware I owe the above money on the account number above .

 

Over the past 18 months I have suffered from severe depression and anxiety to the point I felt like taking my own life . I had to leave my job of 25 years due to my mental health issues which as you can imagine was a great strain on my already fragile health.

 

Happily after several months in which I have been unable to work I am on the road to recovery . However as you know my financial commitments have taken a severe hit , to the debt figure of £32,000 , due to no work income .

 

I apologise to yourselves and the other creditors that I owe money too , but I intend to commence paying back the debts I owe as soon as I can now I have found employment again , albeit £500 less a month than I used to earn .

 

I will commence paying £25 per month to all my creditors for the foreseeable future until I am able to either offer more or pay the debts off in full by possibly remortgaging .

 

This ( £25 ) I am afraid is all I can offer at present but I hope you can acknowledge this is at least a start towards clearing the debt and to show my commitment to it .

I would request however if the interest could be frozen so at least each month I can see the debt decreasing to help my situation .

 

Hopefully this is agreeable , if so could you forward me details of bank ( sorts- code / account number I can set up as a direct debit or standing order please .

 

Sincerely

 

R Brown

 

**Mod note: Personal information removed for security reasons**

 

As post is so slow these days could you please e-mail your reply to my request .

Hi @Islarose1, I'm very sorry to hear about this. Can you please send over a private message to Tesco-Bank? I'll then be able to point you in the right direction.