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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
What else can I help you with?
What is a credit guarantee?
An agreement in terms of which a person undertakes or promises to satisfy upon demand any obligation of another consumer in terms of a credit facility or credit transaction.
How do you write letter for revaluation of demand draft?
To write a letter for the revaluation of a demand draft, begin with your name and contact information at the top, followed by the date and the recipient's details. Clearly state the purpose of your letter, including the demand draft number, the amount, and the reasons for requesting a revaluation. Be polite and concise, and conclude with a request for prompt attention to the matter, along with your signature.
Can the bank letter of guarantee be transferable?
I received a letter of guarantee from a bank in 2005 informing me of my liability as i went guarantour for my son in a business which was wound up.I never received an invoice or demand for payment.My son lost his home and another partner ,lost some properties he owned to pay the debt.The bank have not contacted me to say that i am no longer liable.
How profitable is selling mortgage?
When investment companies convert mortgages into securities it causes a big boom in the economy. It is more profitable selling a mortgage when there is a big boom in the economy as the demand of mortgages out weight the supply of them.
What is demand and law of demand?
The law of demand is that when you demand something you MUST say please and thank you, it's the law.
How did countries react to the demand to convert paper money into gold?
The demand to convert paper money into gold was a demand beyond what the treasuries of countries could supply.
When markets make economics decisions convert resources into goods and services?
Demand will always force markets to make economic decisions to convert resources into goods and services. Without demand. There is any reason to convert the resources.
When the demand for energy is low animals convert what?
When the demand for energy is low, animals convert glucose to glycogen to fat. Glucose is sometimes referred to as grape sugar or D-glucose.
Why did states demand that the constitution include the bill of rights?
They wanted to guarantee that certain personal freedoms would be protected.
How do you encash Demand draft?
In order to encash or convert a demand draft, you will need to take it to a branch of the bank it was drawn on. The bank will be able to do it for you.
How do you convert marshalian demand function in to hicksian demand function?
since I do not know the answer,guys if it is clear for you send the answer via habtamuasitatikie@gmail.com
Did some states demand that the Constitution include a Bill of Rights?
They wanted to guarantee that certain personal freedoms would be protected.
Why did some states demand that the Constitution include a bill right?
They wanted to guarantee that certain personal freedoms would be protected.
Why did some of states demand that the constitution include a bill of right?
They wanted to guarantee that certain personal freedoms would be protected.
Why did some states demand that the US Constitution include a Bill of Rights?
They wanted to guarantee that certain personal freedoms would beprotected.
What is the purpose of including the keyword "demand letter" when a lawyer sends a demand letter?
The purpose of including the keyword "demand letter" when a lawyer sends a demand letter is to clearly communicate the intent of the correspondence, which is to formally request a specific action or remedy from the recipient, typically in response to a legal claim or dispute. This helps to establish the legal context and seriousness of the communication.
What are the financial risks for a veterinarian?
The financial risks for a veterinarian are mainly associated with the demand for their services. A veterinarian needs to invest in modern equipment but this does not guarantee jobs.
