Social Sciences, asked by Hashtag, 1 year ago

what is demand drafts

Answers

Answered by anvi16
1
a financial Draft payable on demand
Answered by yoyohoney10
1
A demand draft is a negotiable instrument similar to a bill of exchange. A bank issues a demand draft to a client (drawer), directing another bank (drawee) or one of its own branches to pay a certain sum to the specified party (payee).

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