Standing Orders

Setting up a Standing order

You can easily set up a standing order from your company account. To do this, you'll first need to log onto your GetGround Dashboard.

1. Select 'My Investments' on the left-hand navigation panel, click 'Go to investment' and then navigate to the 'Business Account'. Once there, click on Make a Payment.
2. Click on 'Pay someone new' and Enter the Payee details such as Payee name, Account number and Sort Code. 
3. Enter the amount you would like to transfer and include a reference (if necessary). 
4. Select 'Setup as a standing order' and choose your payment date and frequency.
5. Click on 'Setup standing order'.
6. You will be asked to enter your OTP (one-time password) code for security purposes.
   
   

Editing a Standing order

You can easily edit your standing order directly from your dashboard by heading over to your business account.

1. Log in to your dashboard and click on 'My investments' from the menu.
2. Select the relevant company by clicking 'Go to investment'.
3. The 'Transactions' drop-down menu will easily allow you to switch to the 'Standing order' section.
4. Locate the relevant Standing order and select 'Edit'.
5. You can now edit the amount, date and frequency of your standing order. 
   
   

Cancelling a Standing order

If you need to, you can also remove a standing order by following the steps below.

1. Log in to your dashboard and click on 'My investments' from the menu.
2. Select the relevant company by clicking 'Go to investment'.
3. The 'Transactions' drop-down menu will easily allow you to switch to the 'Standing order' section.
4. Locate the relevant Standing order and select 'Cancel'.
5. If you would like to keep the standing order, please click 'Keep this standing order'.

Once you've set up your standing order (or completed any payment from your Business Account), it's always a good idea to categorise your account transactions. This will make your end-of-year accounting process much faster!