Automatic Transfer Service Account

Business, Legal & Accounting Glossary

Definition: Automatic Transfer Service Account


Automatic Transfer Service Account


Full Definition of Automatic Transfer Service Account


ATS account. A savings account which allows the account holder to automatically transfer funds to a checking account. An automatic transfer service account can transfer funds to ensure that a checking account maintains a minimum balance, or to ensure that enough funds are available to cover a check.


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Automatic Transfer Service Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 07, 2021 https://payrollheaven.com/define/automatic-transfer-service-account/.
Chicago Manual of Style (CMS):
Automatic Transfer Service Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/automatic-transfer-service-account/ (accessed: December 07, 2021).
American Psychological Association (APA):
Automatic Transfer Service Account. PayrollHeaven.com. Retrieved December 07, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/automatic-transfer-service-account/

Definition Sources


Definitions for Automatic Transfer Service Account are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.