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 unless the money is going to another Nationwide account.
Regular payments to another Nationwide account will be made on any day selected including weekends and bank holidays.