English, asked by mahesh2922, 1 year ago

difference between check and demand draft

Answers

Answered by lakshayaguptabwd
1
check is for a particular time span
.

it is for delayed use as per dd
Answered by harshkabra
5
cheque is a Bill of Exchange drawn on a specified banker and not expressed to be payable otherwise than on demand.Demand Draft is a pre-paid Negotiable Instrument, wherein the drawee bank acts as guarantor to make payment in full when the instrument is presented.

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