What Is a Standing Order and How Does It Work?

What Is a Standing Order and How Does It Work?

One missed payment can cost you more than you think—late fees, service interruptions, and unnecessary stress. That’s where standing orders help. They automate your recurring payments, so you never miss a due date again. Let’s explore standing orders in detail and learn how to set them up easily with the QIB Banking App.

What Is a Standing Order?

A standing order is an instruction you set up to automatically transfer a fixed amount of money from your account to another account at regular intervals. It’s designed for repetitive payments—giving you peace of mind that your transfers will be made on time.

You can use a Standing Order to:

• Transfer money between your own QIB accounts
• Send regular payments to local or international accounts
• Pay rent, school fees, or monthly commitments
• Send a regular allowance to a family member
• Contribute to savings or charitable donations

Unlike direct debits, where another party collects payments from your account, standing orders are fully controlled by you — set the amount, frequency, start date, and duration to get started.

Benefits of standing orders

• Never miss a payment: Automate recurring transfers and stay on top of your obligations
• Full control: Set, modify, or cancel standing orders quickly
• Convenient & secure: Schedule transfers in a few steps on the QIB Mobile App
• Flexible options: Choose between transfers within your own accounts, local banks or international accounts
• Smart money management: Automate savings or bill payments to simplify your monthly budgeting

How to set up a standing order using the QIB Mobile App

You can easily create, view, or manage your Standing Orders through the QIB Mobile App in a few steps:

1. Login to your QIB Mobile App
2. Tap “Pay & Transfer”, then select “Standing Orders”
3. Tap “Create New Standing Order”
4. Select the type of standing order:
• Within your own QIB accounts
• To a local bank account in Qatar
• To an international bank account
5. Select the source account and the beneficiary account (local or international)
6. Enter the amount, purpose of transfer, and frequency:
• One-time, periodic, or random
• Frequency options: daily, weekly, monthly, half-yearly, or yearly
7. Select the start date and the number of transfers.
8. Review all details carefully and tap “Confirm”

Your standing order will now be automatically processed according to your selected schedule. You can modify or cancel it anytime directly from the same section of the app.

Simplify your finances with QIB

Standing orders are a smart and secure way to automate your payments, helping you manage your money and important transfers efficiently.

With the QIB Mobile App, you’re always in control, wherever you are.

Download / login to the QIB Mobile App today and set up your standing order now.