10 Pa. Code § 30.1
The following words and terms, when used in this chapter, have the following meanings, unless the context clearly indicates otherwise:
Commercial bank-A bank, a bank and trust company, or a national bank.
Draft-A negotiable instrument which is an order to pay. Reference should be made to 13 Pa.C.S. § 3104(a) and (b)(1) (relating to form of negotiable instruments; "draft"; "check"; "certificate of deposit"; "note").
NOW-A negotiable order of withdrawal instrument which has all the attributes of negotiability required by 13 Pa.C.S. § 3104(a).
NOW account-An account under the terms of which money may be withdrawn by means of a NOW which requires the savings bank to pay the sum specified to a named third party.
Savings bank-As defined in section 102(x) of the Banking Code (7 P. S. § 102(x)).
10 Pa. Code § 30.1