The cash receipt number in demand draft is a 6 digit number. The demand draft receipts are issued in India.
A Demand Draft is similar to a bank check but with a small difference. In case of a demand draft, the customer pays the money upfront to the bank along with a small fee so that the bank can issue the draft for the mentioned amount. The draft is equivalent to cash and can be converted to cash by the person to whom it is issued. This way, the person who gets the draft can be sure that he will get paid 100% of the money due him.
A Demand draft is a cheque like instrument that can be encashed by the person on whose name the draft is drawn. The difference is that you can make a demand draft only after remitting the required funds to the bank. so it is as good as cash. It can be used anywhere you need to remit cash. for example to pay examination fees, monthly payments to your grocer etc.
it is your father that is the receipt
Noting
A petty cash receipt is an invoice or receipt for items or services bought out of petty cash. Petty cash is the small amount of cash usually held by businesses for one off small items.
yes
A Demand Draft is similar to a bank check but with a small difference. In case of a demand draft, the customer pays the money upfront to the bank along with a small fee so that the bank can issue the draft for the mentioned amount. The draft is equivalent to cash and can be converted to cash by the person to whom it is issued. This way, the person who gets the draft can be sure that he will get paid 100% of the money due him.
If the DD is from an authentic bank and is addressed to the payee then its as good as cash. To get a DD people have to pay cash ahead of time which guarantees the money. To cash a DD the recipient should have a bank account. To know more or order demand draft online you can check this link on Indolegal demand draft service. http://www.indolegal.com/corporate-services/demand-draft-india-1.html
A Demand draft is a cheque like instrument that can be encashed by the person on whose name the draft is drawn. The difference is that you can make a demand draft only after remitting the required funds to the bank. so it is as good as cash. It can be used anywhere you need to remit cash. for example to pay examination fees, monthly payments to your grocer etc.
A demand draft is a monetary instrument that can be considered as equivalent to cash. It is similar to a cheque but with a difference that it is fully safe because the drawer of the draft has to make the payment in order to get the draft. So, the receiver of the draft can be sure that he will get paid for the draft. That is why most schools and colleges expect payment via demand draft for their exam fees, admission fees etc.
it is your father that is the receipt
Same as "cash register receipt". It is the paper receipt that prints out of the cash register when you purchase an item at a store. Or simply called a receipt.
Same as "cash register receipt". It is the paper receipt that prints out of the cash register when you purchase an item at a store. Or simply called a receipt.
Yes. A Demand draft is like cash. The moment you hand it over to the bank that issued it, they will pay you cash immediately. All they will ask is identification proof that, you are indeed the person to whom the draft was issued. However, if the amount is too high, the bank may ask you to wait a few minutes to arrange the same
A demand draft or a draft in short is a monetary instrument that can be considered as equivalent to cash. It is similar to a cheque but with a difference that it is fully safe because the drawer of the draft has to make the payment in order to get the draft. So, the receiver of the draft can be sure that he will get paid for the draft. That is why most schools and colleges expect payment via demand draft for their exam fees, admission fees etc.
Noting
A demand draft is a monetary instrument that can be considered as equivalent to cash. It is similar to a cheque but with a difference that it is fully safe because the drawer of the draft has to make the payment in order to get the draft. So, the receiver of the draft can be sure that he will get paid for the draft. That is why most schools and colleges expect payment via demand draft for their exam fees, admission fees etc.