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- it will not bound when you make purchases
- is cheaper and slower method of sending money
- it has the backing by issuing bank
- it is better than personal cheque
- it can be made out to pay a named account to give it absolute security
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∙ 11y ago
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What are the advantages of mail transfer of money by banks over bankers draft?
mail transfer are faster than bankers draft
What is bankers name in a demand draft?
The bankers name in a demand draft is the name of the bank from where u purchased the demand draft.
Is a bank draft needed to purchase home insurance?
A bank draft is your choice of paying for the insurance, you don't necessarly have to pay your insurance through your bank, there is several different payment methods.
What would a bank draft be used for?
A bank draft is a check drawn on a bank's funds. It is used to pay for something as guaranteed funds. Common uses included paying for property and vehicles.
Who is the target market for fixed deposit?
platimum bankers platimum bankers platimum bankers
What are the advantages of mail transfer of money by banks over bankers draft?
mail transfer are faster than bankers draft
What is bankers name in a demand draft?
The bankers name in a demand draft is the name of the bank from where u purchased the demand draft.
How can you verify a Bankers Draft from HSBC?
HSBC itself can verify a banker's draft but the process can take a few days. It is possible that some drafts are counterfeit so it is advised that you check beforehand. Once a banker's draft has been issued, the funds are guaranteed, so it's down to the actually draft itself whether or not it is counterfeit.
What are the advantages and disadvantages of banker's acceptance?
disadvantages of bankers' acceptances
What are the advantages and disadvantages of banker's acceptances?
disadvantages of bankers' acceptances
How do you get admission forms for university of Ghana?
There is a period in the year when announcements are made that univeristy forms are out and this means you can purchase one. to get admission forms for The University Of Ghana, you will need to make a bankers draft from your bankers or go over to the campus and make one with bank representatives and submit your bankers draft to obtain your admission forms nicely packaged along with a receipt.
What would happen if you ignored military draft?
what would happen if you ignored the military draft, jury duty, paying property taxes or a subponea?
A rule in both the north and the south was that a man could avoid the draft by what?
A man could avoid the draft by paying a substitute to take his place.
Is demand draft and bankers cheque the same?
no they r not same. a demand draft means a bank orders other banks or its branches to pay money to a person whose name have written on draft.it has a long proses.but we can use telephonic or telegraphic transfer too to made this proses easy. In the other hand ACCORDING TO ME bankers cheque r for loans which one bank borrow from other
Are there are advantages of paying an electricity bill online?
As far as paying electricity bill online the advantages to me are not having to write a check, get an envelope, place a stamp on it and go to the post office.
What are the advantages paying by cash?
It is untraceable by the law enforcement agencies...
What are the vikings paying Christian ponder?
They aren't paying him anything right now. Teams are not allowed to sign draft picks to contracts until the lockout is over.
