Social Sciences, asked by tanmay46918, 6 months ago

Explain about money order and Demand draft .​

Answers

Answered by aaasif6512
1

Answer:

Pay order and demand draft are basically used for the same purpose, but are different from each other. A pay order is a mode of payment that is to be cleared in the very specific branch of the bank that issued it. Demand draft is a mode of payment that gets cleared in any branch of the issuing branch.

Similar questions