0
A banker's draft is a cheque whose drawer is also its drawee.
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
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.
What are the advantages of mail transfer of money by banks over bankers draft?
mail transfer are faster than bankers draft
Who is the target market for fixed deposit?
platimum bankers platimum bankers platimum bankers
What is a group of bankers called?
A Wunch is what a group of bankers are called.
Advantages of paying in bankers draft?
- 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
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.
What are the advantages of mail transfer of money by banks over bankers draft?
mail transfer are faster than bankers 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.
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.
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
Who hires bankers?
Bankers Retardo
Who is the target market for fixed deposit?
platimum bankers platimum bankers platimum bankers
Are bankers a salesperson?
no bankers are not sales people but they are the advisors
What is the difference between Demand Draft and Bankers Cheque?
A Demand Draft is a banking instrument . In any case, if it is not crossed, it is bearer, meaning thereby that the bearer, anyone who is presenting it to the bank can get it en cashed... Sometimes you might need to get a demand draft (DD) issued for someone. On certain occasions you may get a Banker's cheque instead. Demand Drafts and Banker's Cheques are almost the same.
When was Bankers Hall created?
Bankers Hall was created in 1989.
What is a group of bankers called?
A Wunch is what a group of bankers are called.
What is the bankers duty?
Dominated by the banking industry, entrepreneurs, bankers said. Do bankers known as: capitalists, investors Bankers means good at breeding in the business vision into business reality of people
