How Do I Setup a Recurring Transfer in My Santander Account?

Setting up a recurring transfer in your Santander account is an easy way to automate your finances and ensure that bills and other regular expenses are paid on time. This article will guide you through how to do this, so you can take advantage of this convenient feature and simplify your financial life.

What Is a Recurring Transfer?

A recurring transfer is an automatic payment that you can set up to transfer money from one account to another regularly. With a recurring transfer, you can specify the amount, frequency and start date, and it will be automatically initiated according to your instructions. This can be a convenient way to automate your finances, ensure that bills and other regular expenses are paid on time and make saving money more manageable by setting aside a fixed monthly amount.

Setting up a Recurring Transfer in Your Santander Account

Setting up a Recurring Transfer Between Your Accounts

You'll require an account number, destination sort code and a payment reference. 

Mobile Banking

Follow the steps below to create a recurring transfer in your Santander account.

1. Log on to your Santander mobile app.
2. Choose the account to pay from.
3. Select "Standing orders" by clicking the three dots in the upper right.
4. Set up a standing order.
5. Fill in the information for the standing order, then hit "Continue."
6. Ensure you've entered everything correctly, and click "Set up standing order."

Online Banking

Follow the steps below to create a recurring transfer in your Santander account.

1. Log on to Online Banking.
2. Select "Standing orders" at the top.
3. On the left, select "Set up Standing Order to my Santander account."
4. Select the account from which the standing order will be made.
5. Choose the frequency of your standing order payments here.
6. Choose the day of the week or month you'd like your standing order to be processed.
7. Pick the bank account that will receive the funds from your standing order.
8. Enter the amount you want to pay and your payment reference.
9. Put in the first payment date and the length of time you want the transfers to continue.
10. After ensuring all the information is correct, click "Continue" to set up the recurring transfer.

Setting Up a Recurring Transfer to Someone Else's Bank Account

Mobile Banking

Follow these three steps after logging into Mobile Banking and selecting the appropriate account:

1. Select "Standing orders" by clicking the three dots in the upper right. Put in a new standing order.
2. Select "Other recipient" after "Choose or add a recipient." Fill in the information for the standing order, and hit "Continue."
3. Ensure you've entered everything correctly, and click "Set up standing order."

Online Banking

Follow the steps below to create a recurring transfer in your standing account.

1. Sign into your online banking account.
2. Select the tab labeled "Standing orders" at the very top.
3. On the left, select "Set up Standing Order to another account."
4. Select the account that you would like the standing order to be taken out of, and click continue.
5. Type in the account number, payee's name, account type (business or personal) and sort code, and hit the "Check payee details" button.
6. Include the standing order's amount, reference, payment date and frequency.
7. Pick the duration of the standing order and the reason for the payments.

Following the steps above, you can easily set up a recurring transfer for various purposes, such as transferring money to another account, making loan payments or setting up automatic savings. If you encounter any issues or have questions while setting up a recurring transfer, don't hesitate to get in touch with Santander's customer support.