Automated Transactions

Automated transactions are payments or transfers that happen automatically without manual intervention. They are set up in advance—like a subscription fee, utility bill, or mortgage payment—so the money moves from your account to the recipient on a scheduled date. This process uses digital systems and instructions you've provided to ensure timely and consistent transactions, saving time and reducing the chance of missed payments. Automated transactions are common in banking and finance, helping manage regular expenses efficiently and reliably.