How often can recurring transfers repeat?
You can set up payments to repeat weekly, fortnightly, monthly, on the last day of the month, quarterly, half-yearly and annually. The following examples demonstrate the various options: • Weekly repeats on the same day of every week (Thursday weekly). • Fortnightly repeats every 14 days on the same day (every second Friday). • Monthly repeats on the same date each month (6th of the month) regardless of the day. • Last day of the month will always be on the last day regardless of how many days in the month. • Quarterly repeats on the same date (3rd March, 3rd June, 3rd September, 3rd December). • Half-yearly repeats every six months on the same date (15th April and 15th October). • Annual will repeat on the same date every year (26th February).
