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Can a bank issue bearer demand draft?

no,because bearer draft is like a currency which can be issue only by rbi hence cant be issue bearer


What does or bearer written on a cheque mean?

'or bearer' means that the check can be cashed by whoever presents the check to the bank - bearer means carrier in this context.


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.


Where is the draft no written on a demand draft?

The draft number on a demand draft is found at the bottom of the check. The first six digits is the draft number, and they will be found under the dotted line at the bottom of the check.


How can you find demand draft number in Syndicate bank draft?

The demand draft is another name for a tele-check. The demand draft number through a Syndicate bank draft is usually found at the bottom of the check.


What is a bad check?

A bad check is a check written against a bank account with insufficient funds to pay the bearer the amount of the check.


Is Paul Bearer still fat?

no he has slimmed down check it on, were are there now?on wwe.com!


What is Foreign Bank Draft?

a check


What is property loss draft service?

A property loss draft is a check issued for covered property lost. The draft or check comes from the homeowner's insurance company. This service should be listed on your policy.


What is bearer means?

The term "bearer" typically refers to a person or entity that holds or possesses a particular document, instrument, or entitlement, such as a bearer bond or a bearer check. In finance, bearer instruments are transferable by mere delivery, meaning that whoever physically holds the document has the right to claim the associated value. The concept emphasizes ownership without the need for formal registration or identification of the holder.


What is international certified bank draft?

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.


Can i check demand draft number?

120708