Meaning Bank draft
What does Bank draft mean? Here you find 11 meanings of the word Bank draft. You can also add a definition of Bank draft yourself

1

0 Thumbs up   0 Thumbs down

Bank draft


A draft addressed to a bank.
Source: nasdaq.com

2

0 Thumbs up   0 Thumbs down

Bank draft


Definition A check drawn by one bank against funds deposited into its account at another bank, authorizing the second bank to make payment to the individual named in the draft.
Source: investorwords.com

3

0 Thumbs up   0 Thumbs down

Bank draft


A guaranteed form of payment that is issued by a bank.
Source: banking.pcfinancial.ca (offline)

4

0 Thumbs up   0 Thumbs down

Bank draft


Drafts addressed to a bank.
Source: pfhub.com

5

0 Thumbs up   0 Thumbs down

Bank draft


is a check that a bank guarantees.
Source: investinganswers.com

6

0 Thumbs up   0 Thumbs down

Bank draft


A bank draft is a check, draft or other order for payment of money drawn on a bank’s fund. The payment of a bank draft is guaranteed to be available by the issuing bank. Some bank drafts are drawn on [..]
Source: definitions.uslegal.com

7

0 Thumbs up   0 Thumbs down

Bank draft


An international transfer of funds through an instrument very similar to a cheque.
Source: legacy.intracen.org

8

0 Thumbs up   0 Thumbs down

Bank draft


n. giro bancario
Source: trelliscompany.org

9

0 Thumbs up   0 Thumbs down

Bank draft


Vulnerable to money laundering because it represents a reputable international monetary instrument drawn on a reputable institution, and is often made payable—in cash— upon presentation and at the iss [..]
Source: acams.org

10

0 Thumbs up   0 Thumbs down

Bank draft


An order by a purchaser directing the bank to make a payment from the purchaser’s account, usually through an intermediary bank. Typical bank drafts are negotiable instruments and are similar in many ways to checks drawn on checking accounts in a bank. A Sight Draft is payable upon demand, i.e. "upon sighting." See "Commercial Set.
Source: amusf.com (offline)

11

0 Thumbs up   0 Thumbs down

Bank draft


A draft addressed to a bank.
Source: people.duke.edu





<< Annual percentage yield Bank holding company >>

Dictionary.university is a dictionary written by people like you and me.
Please help and add a word. All sort of words are welcome!

Add meaning