How many authorised signatory in pay order or demand draft?
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Bank always assign at least two officers for the purpose of validating a demand draft in any bank branch so that if one of them is one leave or not available in his branch then other person could sign the Instrument (in this case DD). Only after the signature the draft becomes a valid instrument.
Signature of any one ( or both, depending upon the bank policy) of the following person is required:
Bank Manager
Authorized Signatory (could be Cashier, Dy. Manager or anyone as assigned by the bank)
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