A number of banks are removing check writing from checking accounts as they search for the right blend of service, restrictions and requirements to attract deposits.

KeyCorp (KEY) last week unveiled a "Hassle-Free Account" that provides access to branches, online and mobile banking without overdraft and check writing. The "SafeBalance" account at Bank of America (BAC) has a $4.95 monthly fee and the same exclusions as KeyCorp's product.

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