A regular payment is a way of making a payment or transfer to someone else on a regular basis. You can set up the instruction on your account, which then lets you make payments to other UK banks or building societies. It’s also known as a standing order.
Typically it's used to make transfers to savings accounts, pay bills, donate to a charity or just send money to a friend or relative. You can also use a regular payment to pay companies and organisations.
These payments will be made on working days only, i.e. Monday to Friday, excluding bank holidays. If the specified date falls on a weekend or bank holiday, the payment will be sent on the next working day.