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NOW |
Also found in: Financial, Wikipedia | 0.48 sec. |
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Powered by the databases, the Early Warning deposit and payment risk assessment services help prevent fraud-related losses by notifying users of high-risk deposits and payments via transaction accounts, such as checking, demand deposit, negotiable order of withdrawal, automatic transfer service and credit union share draft accounts. Negotiable order of withdrawal accounts are checking accounts that pay interest to the account holder; presumably because they pay interest, NOW accounts have tended to have fees that are higher than those observed for noninterest checking accounts. Survey information on the proportion of banks and savings associations that offered various retail services over time is available for the following services: auto loans, non-interest-bearing checking accounts, negotiable order of withdrawal (NOW) accounts (which are interest-bearing checking accounts), savings accounts, money orders and cashiers checks, the return of canceled checks, automated teller machines (ATMs), and safe deposit boxes. |
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