Recurring payment parameters


(Shaun Coley) #1

I searched the discussions for this, but didn’t see anything - but apologies if I missed it and am duping.

For recurring payments, it’d be great if you could have recurring until either a date or an amount is reached (my old bank account used to do this, and it was great). For example, $100/month until 31 Mar 2019. Or say I wanted to pay back someone $100/month until I paid back $650. It would do six payments of $100 and then the last one $50.

Cheers,
Shaun


#2

Not sure if that was in the US, Canada or Australia but UK banks normally do that too!


(Shaun Coley) #3

It was in the US.

My old Metro Bank account doesn’t have the second feature (to a specific amount). Nor yet does my new Monzo account. :wink:


#4

Drummonds (RBS) was good as you could specify first amount X, subsequent amounts Y, and final amount Z