Management Information and Control Services
Automated Transfer Service
Automated Transfer Service (ATS) provides you with an economical means of automatically transferring funds between accounts.
What Automated Transfer Service Offers You
- Permits zero-balancing or fixed amount transfer so that subsidiary accounts in a hierarchy can have minimum operating balances
- Allows programming for daily, weekly, biweekly, any day of the month or last business day of the month transfers
The Benefits of Automated Transfer Service
- Makes same-day transfers between linked accounts
- Potentially reduces borrowing and administration costs and maximizes investment potential by applying consolidated funds against a loan or to earn interest
- View details of transfers on all account statements
- Provides verification of deposits and an audit trail
For more information, contact a Relationship Manager at the Commercial Banking Centre nearest you.