1.
payments being deducted directly from a current account
2.
allows payments to be delayed
3.
a written order to make a specific payment
4.
notes and coins in a wide range of denominations
5.
direct payment5 from one bank account to another
6.
an agreement with the bank allowing transfers of a set amount to a 3rd party on a regular basis
7.
allows delayed payments for a short period, the balance must be paid for in full when a statement is issued
8.
agreement allowing a 3rd party to withdraw money from an account on a set day to pay for good and services recieved