Also known as a Security Deed. This is a unique advantage bank deposit services provide over other investment opportunities. Instrument - A legal document specifying agreeable terms in banking transactions. Lien - The right to hold another's property while pressing a claim against him. Line of Credit - A service that provides a fixed cash reserve that can be drawn upon for short term financial needs.
Interest is paid only on funds used.
Overdraft Protection - A service that provides for automatic depostits to be made to a certain account in order to avoid insufficient funds charges.