Here's a compelling article from the APR Finder. It's called 8 Top Banking Terms & Buzzwords to Know.
It shares some interesting perspectives. Here’s one that’s particularly thought-provoking:
Lastly, a standing order is a fixed amount of money that transfers from one account to another. For example, you give your parents a fixed amount of money every month.
You can ask your bank to make a standing order for your account, whereby the amount is automatically transferred to their account once you receive your salary. Similarly, you can also use this to automatically transfer funds to your ...