Standing orders are available in the banking systems of a number of countries, including Germany, Bulgaria, the United Kingdom, Barbados, Ireland, India, Netherlands, Russia, Pakistan, Malaysia, Ukraine, Sri Lanka, Bangladesh and presumably many others.
It has banned standing / banker's orders, along with direct debit and any type of recurring payments between bank accounts.
As of 2022, one Canadian bank (CIBC) has attempted to work within the system by facilitating automated (recurring or pre-scheduled) e-Transfers.
That said, exceptions are typically made for corporate clients, who are permitted to bypass the Interac scheme in exchange for substantially higher fees.
[3] Standing orders are distinct from direct debits; both are methods of setting up repeated transfers of money from one account to another, but they operate in different ways.
The fundamental difference is that standing orders send payments arranged by the payer, while direct debits are specified and collected by the payee.