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Automatic Transfer Service

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Automatic Transfer Service Account
Automatic Transfer Service Account definition : ...

 


Automatic Transfer Service (ATS)
prearranged transfer of funds from a savings account to checking, allowing the depositor to earn interest until funds are needed to cover checks written or to maintain a minimum balance.
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AUTOMATIC TRANSFER SERVICE (ATS) ACCOUNT - a depositor's savings account from which funds may be transf...
AUTOMATIC TRANSFER SERVICE ACCOUNT - ATS - A depositor's savings account from which funds may be transf...

Automatic Transfer Service (ATS) Account

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Automatic transfer service (ATS) account
A depositor's saving account from which funds may be transferred automatically to the same depositor's checking account to cover a check written or to maintain a minimum balance.

money stock that consists of currency held by the public, travelers checks, demand deposits and other checkable deposits including NOW (negotiable order of withdrawal) and ATS (automatic transfer service) account balances and share draft account ...

[Harvey] automatic transfer service (ATS) automatic transfer service account A depositor's savings account from which funds may be transferred automatically to the same depositor's checking account to cover a check written or to maintain a ...

Demand-deposit accounts, negotiable order of withdrawal NOW accounts, automatic transfer service (ATS) accounts, and credit union share draft accounts are examples of transaction accounts at banks and other depository institutions.

and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float; and (4) other checkable deposits (OCDs), consisting of negotiable order of withdrawal (NOW) and automatic transfer service (ATS) ...

See also All Savers Certificate; Automatic Transfer Service (ATS); Draft; Money Market Deposit Account; Small Saver Certificate; Statement Savings Account; Super Now Account; ...

See also: Saving, Banks, Expense, Equilibrium, Crowd

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