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Name of person or organisation you are paying

Name of person or organisation you are paying 2025

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The document is a form for setting up a Standing Order with a bank, detailing the necessary account and payee information, payment frequency options, and confirmation requirements. It instructs users to fill out the form using specific keys and provides guidelines for completing various fields.

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Versions	Form popularity	Fillable & printable
2017	4.9 Satisfied (27 Votes)
2014	4.8 Satisfied (146 Votes)

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Who is making the payment?

Payment is the voluntary transfer of money, equivalent, or other valuable items from one person to another in exchange for goods or services received or to meet a legal obligation. The person who gives the money is often called the payer, while the person who gets the money is called the payee.

What do you call the person you are paying?

The person making the payment is the payor or obligor. The person receiving the payment is the payee or obligee.

What is the paying person called?

Definitions of payer. a person who pays money for something. synonyms: remunerator.

Is the payee the person you are paying?

A payee is the term used to describe the person or business that you are paying money to.

What is the name of the person making the payment?

During a financial transaction, the person paying money in exchange for a product or service is the payer. A payer may also sometimes be called a payor which means the same thing, and we explain the difference in spelling further below.

What do you call the person to whom the payment is made?

The person to whom the amount of money is payable to is known as the payee

What do you call the person who is making the payment?

In the case of a promissory note, through which one party promises to pay another party a predetermined sum, the party receiving the payment is known as the payee. The party making the payment is known as the payer.

Name of person or organisation you are paying 2025

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