Automatic Transfer Service

Business, Legal & Accounting Glossary

Definition: Automatic Transfer Service


Automatic Transfer Service


Full Definition of Automatic Transfer Service


noun U.S. a service by which money can be transferred automatically from a customer’s savings account to cover an overdraft in a current account. AbbreviationATS   a service by which money can be transferred automatically from a customer’s savings account to cover an overdraft in a current account.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/automatic-transfer-service/
Modern Language Association (MLA):
Automatic Transfer Service. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 29, 2021 https://payrollheaven.com/define/automatic-transfer-service/.
Chicago Manual of Style (CMS):
Automatic Transfer Service. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/automatic-transfer-service/ (accessed: November 29, 2021).
American Psychological Association (APA):
Automatic Transfer Service. PayrollHeaven.com. Retrieved November 29, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/automatic-transfer-service/

Definition Sources


Definitions for Automatic Transfer Service 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.