automatic transfers
Preset money shifts
Automatic transfers are scheduled movements of money between accounts without manual intervention.
Banks offer them for recurring payments, savings contributions, or overdraft protection: I set up automatic transfers to my savings account every payday.
The term also applies to any system where items move between locations or categories without human action.
- recurringHappening repeatedly over time
- recurring paymentScheduled automatic charge
- scheduledArranged for specific time
- direct depositFunds sent to account automatically
- autopayRecurring automatic payment
bill pay · bank · bank account · funds · monthly · bills · seamless · effortless · zero effort · standing order · sweep · round up · payroll · routing · electronic · balance · threshold · savings
automatic, transfers, auto, automate, automated, automates, automating, automation, automaton