North American Product Classification System (NAPCS) Canada [Provisional Version 0.1]

52 - Financial and insurance services

522001 - Account and cash management products

522001.1 - Account and cash management products

Money management services, provided to customers by means of deposit accounts, such as chequing, saving and time accounts, and specialized cash management services that enable businesses to handle cash, transfer monies, and in general make and receive payments.

522001.1.2 - Cash handling and management products

Services that provide specialized deposit account and cash management services to business and government.

522001.1.2.1 - Business account and cash management products

Services that provides deposit account services to businesses and similar clients, and manage the flow of funds into and out of these accounts. These services expedite collections while controlling disbursements. These services may be sold as individual services, or provided in bundled packages.

522001.1.2.2 - Correspondent account products

Services provided by one bank to another, generally for the second bank's customers requiring services of a type that the first bank does not provide or in a location that the first bank does not operate in.

522001.1.2.3 - Other cash handling and management products

Services that provide specialized deposit account and cash management services to business and government, not elsewhere specified. Includes coin and currency counting products, night and lobby deposit box products.

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