Meaning Of The Word Bank draft

Real Dictionary

What's the definition of Bank draft? Find Bank draft meanings, definitions and more at the Real Dictionary online.

Bank draft Meaning

Bank draft Definition
Bank draft Definition

What's The Definition Of Bank draft?

bank draft
countable noun: A bank draft is a cheque which you can buy from a bank in order to pay someone who is not willing to accept a personal cheque.

bank draft in American English
a draft or bill of exchange drawn by a bank on another bank
noun: a draft drawn by one bank on another

bank draft in British English
noun: a cheque drawn by a bank on itself, which is bought by a person to pay a supplier unwilling to accept a normal cheque

bank draft in Finance
noun: A bank draft is a check where the bank guarantees payment, or an automatic electronic payment from a bank account.

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