They differ in such features as minimum investment amounts and check-writing privileges.

Some funds provide special services, such as toll-free telephone numbers, check-writing privileges, and automatic investment programs.

And savings accounts may offer check-writing privileges, typically limited to three checks a month.

Quick & Reilly officials say the five-day rule applies only to customers who have check-writing privileges on their money-market accounts.

The lawmakers' check-writing privilege goes back 200 years, to the early days of the House bank, which is technically a disbursing office, House officials said.

Share owners of the money fund will have free check-writing privileges.

The fund offers free, unlimited check-writing privileges with a $250 check minimum.

Money market funds are used by many investors as substitutes for bank accounts, with many providing check-writing privileges.

He had an account at the bank and has been accused of being one of the worst abusers of the check-writing privileges.

The House ethics committee examined abuses of check-writing privileges there, but its inquiry did not focus on the possibility of criminal wrongdoing.