Question

Show the difference between cheque and Demand draft.​

Answer 1

Here are few other differences between cheque and DD:The cheque is issued by the customer, whereas Demand draft is issued by the bank. ... In cheque drawer and payee are different persons. In DD, both parties are banks. A cheque needs signature to transfer amount, While DD does not require signature to transfer funds

Answer 2

Answer:

answer

Explanation:

Here are few other differences between cheque and DD:The cheque is issued by the customer, whereas Demand draft is issued by the bank. ... In cheque drawer and payee are different persons. In DD, both parties are banks. A cheque needs signature to transfer amount, While DD does not require signature to transfer funds.

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