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Mar 12, 2004 ... Automated Customer Account Transfer Service (ACTS), an electronic system administered by the National Securities Clearing Corporation ...
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What is automated customer account transfer?
Automated customer account transfer is a process where customer accounts are electronically transferred from one financial institution to another.
Who is required to file automated customer account transfer?
Financial institutions are required to file automated customer account transfers when transferring customer accounts.
How to fill out automated customer account transfer?
Automated customer account transfers can be filled out electronically through the appropriate platform provided by regulatory authorities.
What is the purpose of automated customer account transfer?
The purpose of automated customer account transfer is to facilitate the seamless transfer of customer accounts between financial institutions.
What information must be reported on automated customer account transfer?
The automated customer account transfer must include customer account details, transaction history, and any relevant information for a smooth transition.
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