What is a NOW account?

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asked Aug 4, 2020 28.3k views

2 Answers

Pathik Gandhi · Answer 1 · 2020-08-11T03:23:56+0000

Answer:

A Negotiable Order of Withdrawal Account is an interest-earning demand deposit account. A customer with such an account is permitted to write drafts against money held on deposit.

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What is a NOW account?

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