Feeling a bit swamped by those monthly bills and transfers? Imagine a world where your rent, savings contributions, or even that regular payment to your favourite charity just... happens – without you lifting a finger each time. That's the magic of a standing order! And if you're a Nationwide customer, setting one up is surprisingly straightforward. Let's dive in and get those regular payments sorted, giving you more time for the things that matter.
Your Comprehensive Guide to Setting Up a Standing Order with Nationwide
A standing order is a fantastic tool for managing your finances. It's an instruction you give to your bank to pay a fixed amount of money to another account at regular intervals (e.g., weekly, monthly, quarterly). Unlike a Direct Debit, which is set up by a company to collect varying amounts, you are in control of a standing order.
Nationwide offers several convenient ways to set up and manage your standing orders. We'll explore the most popular options, providing a clear, step-by-step path for each.
How Set Up Standing Order Nationwide |
Step 1: Gather Your Essential Information (The Crucial Prep!)
Before you even log in or pick up the phone, make sure you have all the necessary details at your fingertips. This will make the entire process smooth and error-free.
- Your Nationwide Account Details:
- Your Nationwide account number (the one you want the payment to come from).
- Your Nationwide sort code (again, for the account sending the money).
- Your login credentials for Internet Banking or the Banking App (username, password, passnumber, or biometric details).
- The Recipient's Account Details: This is super important to get right to avoid sending money to the wrong person or place!
- The full name of the recipient (individual or company name).
- Their sort code (6 digits).
- Their account number (8 digits).
- A payment reference (optional, but highly recommended, especially for bills or if you want the recipient to easily identify your payment. This could be your name, an invoice number, or a specific code).
- Payment Specifics:
- The exact amount you wish to send.
- The frequency of the payment (e.g., weekly, monthly, quarterly, annually).
- The start date of the first payment.
- The end date (if applicable – you can choose for it to be ongoing or to stop after a certain date/number of payments).
Pro Tip: Double-check all recipient details. A small error can lead to significant hassle! Many banks, including Nationwide, now use 'Confirmation of Payee' to help you verify details, but it's always best to be precise yourself.
Step 2: Choose Your Preferred Method
Nationwide provides a few convenient ways to set up a standing order. Pick the one that suits you best!
Method 1: Setting Up via the Nationwide Banking App (Recommended for Speed and Ease!)
The Nationwide Banking App is often the quickest and most intuitive way to manage your accounts on the go.
Tip: Focus on clarity, not speed.
Sub-heading: Getting Started with the App
- Download and Log In: If you haven't already, download the Nationwide Banking App from your device's app store (App Store for Apple, Google Play Store for Android). Log in using your passnumber, fingerprint, or facial recognition.
- Navigate to Payments: Once logged in, look for the 'Payments' or 'Move Money' tab, usually located at the bottom of the screen. Tap on it.
Sub-heading: Creating Your Standing Order in the App
- Find "Regular Payments" or "Standing Orders": Within the Payments section, you'll likely see options like "View & cancel payments" or "Manage regular payments." Tap on the relevant option. You should then see a clear choice to "Set up a standing order" or "Create standing order."
- Select the Account to Pay From: If you have multiple Nationwide accounts, the app will prompt you to select the account from which the standing order will be paid. Choose wisely!
- Add a New Payee or Select Existing:
- New Payee: If you're paying someone for the first time, you'll need to select "Add new payee" or similar. Carefully enter all the recipient's details you gathered in Step 1: full name, sort code, account number, and your desired payment reference. The app may then use "Confirmation of Payee" to check if the name matches the account number and sort code. Pay close attention to the result!
- Existing Payee: If you've paid this person or company before, you can select them from your list of saved payees.
- Enter Payment Details:
- Amount: Type in the exact amount for each payment.
- Frequency: Choose how often the payment should occur (e.g., weekly, monthly, quarterly).
- Start Date: Select the date you want the first payment to go out.
- End Date (Optional): Decide if you want the standing order to be ongoing or to stop on a specific date or after a certain number of payments. If it's ongoing, leave this blank.
- Review and Confirm: You'll be presented with a summary of all the details you've entered. This is your last chance to double-check everything! Make sure the amount, recipient, frequency, and dates are all correct.
- Authorise the Payment: For security, Nationwide will likely ask you to authorise the payment. This might involve entering your passnumber again, using your fingerprint/facial recognition, or potentially a card reader if it's a new payee or a large amount. Follow the on-screen instructions.
- Confirmation: Once authorised, you'll receive a confirmation that your standing order has been successfully set up. You might also get an email or SMS notification.
Method 2: Setting Up via Nationwide Internet Banking
If you prefer banking on a larger screen, Nationwide's Internet Bank is a robust option.
Sub-heading: Logging In and Navigating
- Access Internet Banking: Open your web browser and go to the official Nationwide website (www.nationwide.co.uk). Look for the "Log In" button for Internet Banking.
- Log In Securely: Enter your customer number and passcode, then follow any additional security prompts, which might include a one-time passcode to your registered mobile or using your card reader.
- Find the Payments Section: Once logged in, navigate to the 'Payments & Transfers' or 'Move Money' section. This is usually a prominent tab or menu option.
Sub-heading: Creating Your Standing Order Online
- Select "Standing Orders": Within the payments area, you should find an option specifically for "Standing Orders" or "Manage Regular Payments." Click on it.
- Choose to "Set up a new standing order": There will be a clear link or button to initiate a new standing order.
- Enter Payee Details (New or Existing):
- New Payee: Provide the full name, sort code, account number, and reference for the new recipient. Nationwide's "Confirmation of Payee" service will typically verify these details in real-time.
- Existing Payee: Select the payee from your list if you've sent them money before.
- Specify Payment Terms:
- Amount: Input the fixed amount for each payment.
- Frequency: Choose the interval for payments (e.g., monthly, quarterly, annually).
- Start Date: Select the date for the first payment.
- End Date (Optional): Decide if the standing order is ongoing or has a specific end date.
- Review and Confirm: A comprehensive summary of your standing order will be displayed. Take your time to meticulously check all the information to prevent any mistakes.
- Authorise Payment: You'll be prompted to authorise the setup, often requiring a code from your card reader or a one-time passcode sent to your mobile. Follow the instructions precisely.
- Confirmation: Upon successful authorisation, you'll receive a confirmation message on screen and possibly by email.
Method 3: Setting Up In-Branch
If you prefer face-to-face assistance or don't have access to online banking, you can set up a standing order at a Nationwide branch.
Tip: Use the structure of the text to guide you.
Sub-heading: Preparing for Your Branch Visit
- Gather All Documents: Bring all the information detailed in Step 1, including your Nationwide debit card, a valid form of photo ID (passport, driving licence), and proof of address.
- Locate Your Nearest Branch: Use the Nationwide website's branch finder to find a convenient branch location and check their opening hours.
Sub-heading: The Branch Process
- Speak to a Customer Service Advisor: Inform the advisor that you wish to set up a standing order.
- Provide Details: They will ask you for all the necessary recipient and payment details. Ensure you provide them accurately.
- Sign and Confirm: You may be asked to sign a form to authorise the standing order. The advisor will confirm once it has been successfully set up. They can also print a confirmation for your records.
Method 4: Setting Up via Telephone Banking
For those who prefer to speak to someone over the phone, Nationwide's telephone banking service is available.
Sub-heading: Getting Ready for the Call
- Have All Details Handy: Ensure you have your Nationwide account details and the recipient's information (as per Step 1) readily available.
- Your Security Details: You'll need your telephone banking security details (e.g., your security number or password) to pass verification.
Sub-heading: The Phone Call Process
- Call Nationwide: Dial Nationwide's customer service number (usually found on their website or your debit card).
- Navigate the Automated System: Follow the voice prompts to reach the banking services or payments section.
- Speak to an Advisor: Explain that you want to set up a new standing order.
- Provide Information and Verify: The advisor will ask for your personal security details to verify your identity, then request all the standing order details.
- Confirmation: The advisor will confirm when the standing order has been successfully set up. Ask for a confirmation number or for a confirmation to be sent to you by post or email.
Step 3: Verify and Monitor (The Smart Follow-Up!)
Once your standing order is set up, it's a good practice to verify it and keep an eye on your payments.
QuickTip: Pause to connect ideas in your mind.
- Check Your Upcoming Payments: Log back into your Nationwide Banking App or Internet Bank and navigate to the 'View & manage upcoming payments' or 'Regular payments' section. You should see your newly set up standing order listed.
- Monitor Your Statement: After the first payment is due, check your bank statement to ensure the payment has left your account correctly and on the specified date.
- Confirmation of Payee (if applicable): If you set up a new payee online, you might have received a confirmation that the name matched the account. Keep this in mind.
- Keep Records: It's always a good idea to keep a record of the standing order details for your own reference.
And there you have it! Setting up a standing order with Nationwide is a simple process that can save you time and ensure your regular payments are always on schedule. Enjoy the peace of mind that comes with automated financial management!
10 Related FAQ Questions
How to check my existing standing orders with Nationwide?
You can easily check your existing standing orders by logging into the Nationwide Banking App or Internet Bank. Navigate to the 'Payments' or 'Move Money' section, then look for 'View & manage upcoming payments' or 'Regular payments' where all your standing orders and Direct Debits will be listed.
How to change a standing order with Nationwide?
To change a standing order, log in to your Nationwide Banking App or Internet Bank, find the existing standing order under 'View & manage upcoming payments' or 'Regular payments', select it, and then choose the 'Edit' or 'Change' option. You can typically amend the amount, frequency, or end date.
How to cancel a standing order with Nationwide?
Cancelling a standing order is similar to changing it. Log into your Nationwide Banking App or Internet Bank, locate the standing order you wish to cancel, select it, and choose the 'Cancel' or 'Delete' option. You will usually receive a confirmation that it has been cancelled.
How to find my Nationwide account number and sort code?
Your Nationwide account number and sort code can be found on your debit card, on your bank statements, and within your Nationwide Banking App or Internet Bank when you view your account details.
How to set up a standing order to my own Nationwide savings account?
Yes, you can set up a standing order from your Nationwide current account to your Nationwide savings account using the same steps outlined above. Simply use your own savings account sort code and account number as the recipient details.
Tip: Note one practical point from this post.
How to make sure my standing order goes out on a weekend or bank holiday?
If your standing order is due to go out on a weekend or bank holiday to an account with another bank or building society, it will typically be processed on the next working day. If it's going to another Nationwide account, it should be sent on the chosen date.
How to get a confirmation of my standing order setup?
When setting up a standing order online or via the app, you'll usually see an on-screen confirmation. You can also check your 'Upcoming Payments' section. For in-branch or telephone banking, ask for a confirmation reference or a printed/emailed confirmation.
How to deal with an incorrect standing order payment?
If you realise a payment has gone out incorrectly (wrong amount, wrong recipient), contact Nationwide immediately via their telephone banking service or visit a branch. The sooner you report it, the better the chances of recovering the funds, though this isn't guaranteed if the money has gone to an incorrect but valid account.
How to set up a standing order to an international account with Nationwide?
Setting up international payments is different from domestic standing orders. Nationwide offers international payment services (like SWIFT or SEPA). You'll typically need additional details like IBAN and SWIFT/BIC codes. This is usually done via Internet Banking or in-branch.
How to get help with a standing order if I'm having trouble?
If you encounter any issues, Nationwide's customer support can assist. You can contact them via telephone banking, visit your local branch, or use the secure messaging feature within the Banking App or Internet Bank.