0
What happens when there is a spelling mistake in a demand draft?
Wiki User
∙ 9y ago
When there is a spelling mistake in a demand draft, the information might be distorted. It is therefore very important to always use the correct spellings.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Do bank rejects bank draft on account of spelling mistakes?
Depending on how strict the bank is, they can reject a draft on account of a spelling mistake. It depends on the bank and the severity of the mistake.
What will happen if there is a small mistake in a demand draft?
It depends on what the mistake is. Usually, a draft would not be cashed by any bank if the draft does not have a clear date, payee name and amount along with signature of a certified authority of the issuing bank. If you feel that any of these values are printed/written illegibly or wrongly in the draft you can ask the draft issuing bank to re-issue the draft.
What do you need to make a Demand Draft?
A Demand Draft is essentially a Cashier's Check (or Pay Order). What is required to make a Demand Draft are two components:Name of the Beneficiary (to which the demand draft would be made)and needless to say, the money for the amount of the demand draft.Your bank may affix additional charges for making a demand draft.
What is a demand draft application form?
it is an application used for issuing demand draft
Is crossed demand draft is same as account payee demand draft?
yes
Do bank rejects bank draft on account of spelling mistakes?
Depending on how strict the bank is, they can reject a draft on account of a spelling mistake. It depends on the bank and the severity of the mistake.
You want to pay 260 RS by demand draft but by mistake you take 200 rs demand draft What should you do now?
go home and sleep
What will happen if there is a small mistake in a demand draft?
It depends on what the mistake is. Usually, a draft would not be cashed by any bank if the draft does not have a clear date, payee name and amount along with signature of a certified authority of the issuing bank. If you feel that any of these values are printed/written illegibly or wrongly in the draft you can ask the draft issuing bank to re-issue the draft.
Show a demand draft with a demand draft number?
which one is the dd number on a demand draft
What is the meaning of demand draft and normal draft?
is any future of demand draft
How can you find the DD in Demand Draft?
A DD refers to a Demand Draft. Can you explain on what exactly you want to find in a Demand 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.
Demand draft drawn on?
the bank from which the demand draft has been made
What is the procedure to cancel a demand draft whose validity period has expired?
what is the procedure for the cancellation of demand draft? what is the procedure for the cancellation of demand draft?
What is a demand draft application form?
it is an application used for issuing demand draft
Is crossed demand draft is same as account payee demand draft?
yes
What do you need to make a Demand Draft?
A Demand Draft is essentially a Cashier's Check (or Pay Order). What is required to make a Demand Draft are two components:Name of the Beneficiary (to which the demand draft would be made)and needless to say, the money for the amount of the demand draft.Your bank may affix additional charges for making a demand draft.
