Starling Bank has released a new feature that enables customers to make specific recurring bill payments from an alloted ‘Saving Space’, separate from their main account.
Customers receive a notification when their bills have been paid and can view the transactions by going into the Space and clicking “View transaction history”. If there are insufficient funds in their Bills Manager Space to make a scheduled payment, Starling will send the customer three notifications the day before the payment is due and twice on the payment due date. If the funds are still missing, the bill will not be paid.
Anne Boden, CEO at Starling Bank, comments: “Our customers asked for this feature and therefore we created it. Enabling them to better manage their money is our number one goal.”