Banks have a secret following July's repeal of Regulation Q.Most now offer the interest-bearing corporate accounts the ruleprohibited, but you have to ask to find that out.

When rates rise, however, companies can expect aggressivecompetition for their short-term investment dollars that likelywill include fewer money-market funds and sweep accounts.

A recent survey by Calabasas, Calif.-based Informa ResearchServices found that 70% of banks currently offer interest-bearingchecking accounts to corporate customers. At the high end, 86% ofbanks with between $20 billion and $50 billion in assets offer theaccounts, while 60% of community banks with $1 billion or less inassets have taken the plunge.

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