differentiate between a demand draft and a cheque
CH . MONEY AND CREDIT
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A demand draft is a negotiable instrument similar to a bill exchange. Demand drafts are difficult to countermand.
A cheque is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.
A cheque is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.
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