Meaning Of The Word Bank draft

Real Dictionary

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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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