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.
Automatic Transfer Service (ATS)
| Banking Dictionary: Automatic Transfer Service (ATS) |
| 5min Related Video: Automatic Transfer Service (ATS) |
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 | M1 (in banking) |
| Money Supply (in banking) |
| Account (in banking) |
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 | Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more |
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