Economy, asked by thirumalamma, 3 months ago

explain about the bank draft

Answers

Answered by sakshi6449
0

Answer:

bank draft is a convenient and secure instrument for making large payments without having to withdraw cash from one's account. Bank drafts are guaranteed by financial institutions and can be used by individuals to make payments to third parties. ... Bank drafts are also commonly known as bankers' drafts and bank checks.

Answered by dezisantosh
2

Answer:

The bank draft is a payment instrument whose funds are guaranteed by your financial institution

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