It's a fantastic idea to manage your finances efficiently, and setting up a standing order on the Nationwide app is a brilliant way to ensure your regular payments are made on time, every time! Whether it's for rent, a monthly transfer to your savings, or even paying a family member, standing orders offer convenience and peace of mind. Let's dive into how you can get this set up, step by step.
What Exactly is a Standing Order?
Before we begin, let's clarify what a standing order is. A standing order is an instruction you give your bank (in this case, Nationwide) to pay a fixed amount of money to a specified recipient at regular intervals. This means the amount, frequency (e.g., weekly, monthly, quarterly), and recipient are all determined by you. It differs from a Direct Debit, which is set up by the organisation you're paying and can vary in amount.
Setting Up a Standing Order on the Nationwide App: A Comprehensive Guide
Ready to take control of your recurring payments? Let's get started!
Step 1: Engage and Prepare - Do You Have Everything You Need?
Alright, before we even open the Nationwide app, let's make sure you're fully prepared. Think of this as getting your ingredients ready before you start cooking!
- Do you have the Nationwide Banking App installed on your smartphone or tablet? If not, head over to your device's app store (Google Play Store for Android, Apple App Store for iPhone) and search for "Nationwide Banking App". Download and install it.
- Are you registered for online banking with Nationwide and have your login details handy? This usually includes your customer number or card details, and your passnumber. You might also need your card reader for authentication, especially if it's your first time setting up a payment to a new payee or if you haven't set up biometric authentication (Face ID/Touch ID) for payments.
- Do you have the recipient's bank details? You'll need their:
- Full Name (as it appears on their bank account) or Company Name
- Six-digit Sort Code
- Eight-digit Account Number
- A payment reference (optional, but highly recommended, especially if you want the recipient to easily identify your payment, e.g., "July Rent" or "Savings Transfer").
Take a moment now to gather these details. Having them readily available will make the process much smoother and prevent any frustration!
Step 2: Logging In to the Nationwide App
This is where the magic begins!
- Open the Nationwide Banking App on your device.
- Enter your login details: You'll typically be prompted for your passnumber or to use biometric authentication (Face ID or Touch ID) if you've set it up.
- Once successfully logged in, you'll land on your accounts overview screen. Take a quick look to ensure the account you wish to make the payment from is visible and has sufficient funds.
Step 3: Navigating to the Payments Section
The app is designed to be intuitive, but knowing where to look helps!
- Look for a 'Payments' or 'Payments & Transfers' tab/icon, usually located at the bottom of the home screen or within a menu (often represented by three lines or dots). Tap on it.
- This section is your hub for all money-moving activities. You'll likely see options for "Pay someone new," "Transfer money," "Manage Direct Debits," and most importantly, "Standing orders" or "Regular Payments."
Step 4: Initiating the Standing Order Setup
Now let's tell Nationwide what you want to do!
- Tap on 'Regular Payments' or 'Standing orders'.
- You might see a list of any existing standing orders you have. Look for an option like 'Create standing order', 'Set up a standing order', or a '+' symbol to add a new one. Tap this.
Step 5: Choosing the Recipient (Payee)
This is where you specify who you're paying.
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You'll likely be presented with a choice:
- 'Choose person or Business': If you're paying someone new, this is your option.
- 'An existing payee': If you've paid this person or company before and saved their details.
- 'One of your own Nationwide accounts': If you're setting up a standing order to transfer money between your own Nationwide accounts (e.g., from current to savings).
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If paying a new person or business:
- You will be asked to enter the recipient's Sort Code and Account Number.
- Carefully double-check these details. A small typo can send your money to the wrong place!
- You'll also be prompted to enter the Recipient's Name (or company name) and a Reference. Make the reference clear for both you and the recipient (e.g., "Monthly Rent – [Your Name]", "Savings Pot – [Month]").
- Nationwide may perform a Confirmation of Payee check here, which verifies if the name you entered matches the account details. This is a crucial security feature. Confirm if the details match. If they don't, do not proceed unless you are absolutely certain of the correct details and understand the risks.
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If paying an existing payee:
- Select the payee from the list provided.
- Confirm the details are correct.
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If transferring to your own Nationwide account:
- Select the relevant account from the list.
Step 6: Defining the Payment Details
This is where you set the what and when of your standing order.
- Amount: Enter the exact amount you want to pay in GBP. Ensure this is correct!
- Frequency: Choose how often the payment should be made. Common options include:
- Weekly
- Fortnightly
- Monthly
- Quarterly
- Annually
- Select the option that best suits your needs.
- Start Date: Select the date you want the first payment to be made.
- Important: If the start date falls on a weekend or bank holiday and the recipient's bank is external, the payment might be processed on the next working day. If it's a transfer between your own Nationwide accounts, it will usually go through on the chosen date regardless. Nationwide generally recommends setting up a standing order by 10 PM on the working day before it's due to leave your account.
- End Date (Optional): You can choose to set an end date for the standing order (e.g., if it's for a fixed-term loan or a temporary subscription).
- If you don't set an end date, the standing order will continue indefinitely until you manually cancel it. Most standing orders are set up without an end date.
Step 7: Review and Confirm
This is your final check before authorising the standing order.
- The app will present a summary of all the details you've entered:
- Account the payment is coming from.
- Recipient's name, sort code, and account number.
- Amount.
- Frequency.
- Start date.
- End date (if applicable).
- Payment reference.
- Read this summary very, very carefully. Mistakes here can lead to incorrect payments or even losing money.
- If everything looks correct, tap 'Confirm' or 'Set up standing order'.
Step 8: Authorisation and Completion
The final security step!
- Depending on the type of payment (especially to a new payee or a large amount) and your security settings, Nationwide may require you to authorise the payment. This could involve:
- Entering your full passnumber.
- Using biometric authentication (Face ID or Touch ID), if you've enabled it for payments. Nationwide offers a "selfie authentication" feature for new payments after an initial card reader setup.
- Using your card reader to generate a code. Follow the on-screen instructions precisely if prompted for this.
- Once authorised, you'll receive a confirmation message on the app, stating that your standing order has been successfully set up. You might also receive an email or SMS confirmation.
Congratulations!
You've successfully set up a standing order on your Nationwide app. Your future payments will now be handled automatically, freeing up your time and helping you stay on top of your finances! You can always view, amend, or cancel your standing orders through the app whenever you need to.
10 Related FAQ Questions
Here are some common questions about standing orders on the Nationwide app, with quick answers:
How to: View my existing standing orders on the Nationwide app?
You can view your existing standing orders by logging into the Nationwide app, tapping on "Payments" or "Payments & Transfers," and then selecting "Standing orders" or "Regular Payments."
How to: Change the amount of a standing order on the Nationwide app?
Log in to the Nationwide app, go to "Payments" > "Standing orders," select the standing order you wish to change, and look for an "Amend" or "Change" option to adjust the amount.
How to: Change the date of a standing order on the Nationwide app?
Similar to changing the amount, navigate to "Payments" > "Standing orders" in the app, select the relevant standing order, and use the "Amend" or "Change" option to modify the payment date.
How to: Cancel a standing order on the Nationwide app?
Log in to the Nationwide app, go to "Payments" > "Standing orders," select the standing order you want to stop, and tap on the "Delete" or "Cancel" option. Confirm your choice when prompted.
How to: Set up a standing order to my own Nationwide savings account?
After logging in, go to "Payments" > "Set up a standing order," and when prompted to choose a payee, select "One of your own Nationwide accounts" and pick your desired savings account.
How to: Know if my standing order was successful?
After setting up, you'll receive an in-app confirmation message. You can also check your transaction history in the app on or after the payment date to see if the funds have left your account.
How to: Deal with a standing order that falls on a weekend or bank holiday?
If the standing order is to an external bank account, Nationwide typically processes it on the next working day. For transfers between your own Nationwide accounts, it should go through on the chosen date.
How to: Authorise a standing order if I don't have my card reader?
If you've set up biometric authentication (Face ID or Touch ID) for payments on your Nationwide app, you may be able to authorise new standing orders using this. Otherwise, you might need your card reader, or you may need to contact Nationwide support.
How to: Find my daily payment limit for standing orders on Nationwide?
Nationwide has payment limits, typically up to £25,000 for setting up a standing order to a new payee online. You can usually see your specific limits within the app when setting up a payment or on Nationwide's website in the "Payment and transfer limits" section.
How to: Get help if I encounter issues setting up a standing order?
If you face any problems, first try restarting the app. If the issue persists, you can use the in-app messaging feature, call Nationwide's customer service, or visit a branch for assistance.
