Apart of cheques,people can also exchange money through bank drafts / on line transaction etc.. Find out.
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Banks issue Demand Drafts, Banker's Cheques, Money Orders etc. for transferring the money. Banks also have the facility of quick transfer of money also know as Telegraphic Transfer. Nowadays online transactions like RTGS and NEFT is more popular as it is an online transaction that consumes less time and is quick.
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