AUTOMATIC TRANSFER SERVICE - ATS
A banking service catered to customers which has both a particular and general meaning. On a general basis, it can denote any automatic funds transfer from customer accounts. For example, a transfer on a regular basis coming from a checking account in order to pay off a bank loan, or a monthly transfer which comes from a checking account towards a savings account.
More particularly, it denotes the overdraft protection given when an automatic transfer of funds occur from a savings account of a customer towards his or her checking account in case the funds is not enough to maintain a minimum balance or cover the unpaid checks. The customer deviates any overdraft fees and all of the hassle concerning the returned checks.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
| 07:00 | Economy Watchers Survey | Oct | |
| 10:30 | New Yuan Loans | Oct | |
| 01:30 | Westpac Consumer Sentiment | Nov | |
| 01:50 | M2 Money Supply + CD | Oct | |
| 02:30 | NAB Business Confidence | Oct | |
| 08:00 | Prelim Machine Tool Orders | Oct | |
| 09:00 | CPI | Oct | |
| 09:00 | Harmonized CPI | Oct |
