An account which allows the holder to write checks against deposited funds. Checking accounts which pay interest are sometimes referred to as negotiable order of withdrawal (NOW) accounts. The interest rate often depends on how large the balance in the account is, and most charge a monthly service fee if the account balance falls below a preset level.
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Checking accounts from Sovereign Bank. With a variety of checking accounts to choose from you're sure to find one to suit you and your lifestyle.