An automatic transfer service account is a deposit account that allows the transfer of funds from a
Wikimedia Foundation. 2010.
automatic transfer service account — 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. Bloomberg Financial… … Financial and business terms
Automatic Transfer Service - ATS — A banking service offered to customers that has both a general and specific meaning. On a general level, it can mean any automatic transfer of funds between customer accounts. For example, a regular transfer from a checking account to pay off a… … Investment dictionary
automatic transfer service — /ˌɔ:təmætɪk trænsfə ˌsɜ:vɪs/ noun US a service by which money can be transferred automatically from a customer’s savings account to cover an overdraft in a current account. Abbreviation ATS … Dictionary of banking and finance
Service Oriented Programming — (SOP) is a programming paradigm that uses services as the unit of computer work, to design and implement integrated business applications and mission critical software programs. Services can represent steps of business processes and thus one of… … Wikipedia
Bank account — A bank account is a financial account with a banking institution recording the financial transactions between the customer and the bank and the resulting financial position of the customer with the bank. Bank accounts may have a positive or… … Wikipedia
ATS account — 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. Bloomberg Financial… … Financial and business terms
transaction account — A checking or similar account from which transfers can be made to third parties. Demand deposit accounts, negotiable order of withdrawal NOW accounts, automatic transfer service accounts ( ATS account) , and credit union share draft accounts are… … Financial and business terms
Automatic Rollover — 1. The transfer of qualified retirement plan distributions into an individual retirement account with no action required by the account holder. 2. The reinvestment of a certificate of deposit s interest and principle upon maturity with no action… … Investment dictionary
Transactional account — Banking A series on Financial services … Wikipedia
Wire transfer — or credit transfer is a method of electronic funds transfer from one person or institution (entity) to another. A wire transfer can be made from one bank account to another bank account or through a transfer of cash at a cash office. Wire… … Wikipedia
