Q - What is Demand Draft ??
answer in brief...
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4
Answer:
A demand draft is a negotiable instrument similar to a bill of exchange. A bank issues a demand draft to a client, directing another bank or one of its own branches to pay a certain sum to the specified party. A demand draft can also be compared to a cheque. However, demand drafts are difficult to countermand.
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3
Answer:
transfer payment form one bank account to another
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