Business Studies, asked by vsk96garg, 1 year ago

Can anyone clear me about Bank draft

Answers

Answered by jungkookiebangtan

1

A banker's draft is a cheque provided to a customer of a bank or acquired from a bank for remittance purposes, that is drawn by the bank, and drawn on another bank or payable through or at a bank. A normal cheque represents an instruction to transfer a sum of money from the drawer's account to the payee's account

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