A SCAM
An international certified bank draft is simply a check guaranteed, and issued from a foreign bank. The certified bank draft should be easier to cash than a personal check.
Only the bank can certify a check, or someone at the bank. Usually, the bank will not certify a personal check, they will issue what is called a "certified check". A certified check is guaranteed to have available funds by the bank that certifies it. Certified means the funds are held aside. Anyone with a certified check made out to them can go to that bank and collect cash. In days of banking past, you could have a personal or business check certified by the bank, and they would stamp the check "certified" and hold the funds aside on that item. Now, the bank will just issue a certified check after taking the money from your account and the certified check will be drawn on the bank's account. This answer is for the U.S. banking system.
No. Certified checks are guaranteed by your bank's signature.
If you do not have a bank account you must go to a local branch of the bank who issued the Certified Check.
Q:describe the function of the international bank ?
A bank draft is a payment order from one bank to another, while a certified check is a check guaranteed by the bank that the funds are available.
At a bank.
English
No
Bank of Baroda is India's International bank
Certified cheques are bank certified in order to enable them to be received as cash. You cannot return a certified cheque, but you can cash it in.
India's International Bank.