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In the United States, a negotiable order of withdrawal account (NOW account) is a deposit account that pays interest on which an unlimited number of checks may be written. A negotiable order of withdrawal is essentially identical to a check drawn on a demand deposit account, but US banking regulations define the terms "demand deposit account" and "negotiable order of withdrawal account" separately. Until July 2011, Regulation Q stated that a demand deposit could not pay interest. NOW accounts were structured to comply with Regulation Q.

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  • In the United States, a negotiable order of withdrawal account (NOW account) is a deposit account that pays interest on which an unlimited number of checks may be written. A negotiable order of withdrawal is essentially identical to a check drawn on a demand deposit account, but US banking regulations define the terms "demand deposit account" and "negotiable order of withdrawal account" separately. Until July 2011, Regulation Q stated that a demand deposit could not pay interest. NOW accounts were structured to comply with Regulation Q. NOW accounts are considered checkable deposits, and are counted in the Federal Reserve Board's M1 definition of the money supply, as well as in the broader definitions. Like all other bank deposits, they are liabilities from the bank's perspective. (en)
  • Negotiable order of withdrawal account (сокр. NOW account, в русской экономической литературе называется НАУ-счёт) — в США так называется сберегательный счёт, владелец которого имеет право при уведомлении банка за 30 дней выписать обращающиеся приказы об изъятии (negotiable orders of withdrawal) и использовать их для платежей наравне с чеками. (ru)
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  • Negotiable order of withdrawal account (сокр. NOW account, в русской экономической литературе называется НАУ-счёт) — в США так называется сберегательный счёт, владелец которого имеет право при уведомлении банка за 30 дней выписать обращающиеся приказы об изъятии (negotiable orders of withdrawal) и использовать их для платежей наравне с чеками. (ru)
  • In the United States, a negotiable order of withdrawal account (NOW account) is a deposit account that pays interest on which an unlimited number of checks may be written. A negotiable order of withdrawal is essentially identical to a check drawn on a demand deposit account, but US banking regulations define the terms "demand deposit account" and "negotiable order of withdrawal account" separately. Until July 2011, Regulation Q stated that a demand deposit could not pay interest. NOW accounts were structured to comply with Regulation Q. (en)
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  • Negotiable order of withdrawal account (en)
  • Negotiable order of withdrawal account (ru)
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