bank draft

Bank drafts may be written by a bank for its own purposes or may be purchased by a customer and sent to a payee to discharge an obligation.

From the above definition, check in payment for the bank drafts at sight.

The guaranty bond for bidding may be paid in the form of cash, check, bank drafts , bank guaranty letter, etc.

The issuing bank drafts to beneficiaries and holders of the responsibility to ensure payment terms of the motion.

In recent years there have been some unfortunate scams involving bank drafts that are phony.

The tender deposit may be, apart from cash, bank guarantees, confirmed checks, bank drafts or cash checks.

These include person checks, traveler's checks, cashier's checks money orders, bank drafts and Credit CARD receipts from sales.

The seized and frozen bank drafts, promissory notes, and checks shall be disposed in the period of validity.

Why are bank drafts sometimes preferred over checks?

Negotiable instruments such as money order, certified check , cashier's checks, personal checks, and bank drafts are also viewed as cash.

We will arrange to deliver the goods once we receive your bank drafts against acceptance.