Question

difference between demand deposit and demand draft.

Answer 1

Answer:

The major difference between demand drafts and normal checks is that demand drafts do not require a signature in order to be cashed. this is called demand draft. A demand deposit is money that you deposit into a bank account from which you can withdraw on demand, at any time without any advance notice to the bank

Answer 2

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»The major difference between demand drafts and normal checks is that demand drafts do not require a signature in order to be cashed. this is called demand draft. A demand deposit is money that you deposit into a bank account from which you can withdraw on demand, at any time without any advance notice to the bank

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