Meaning Banker’s draft
What does Banker’s draft mean? Here you find 3 meanings of the word Banker’s draft. You can also add a definition of Banker’s draft yourself
1 |
0
0
Banker’s draftCheque made out to a creditor by a debtor’s bank offering more security than a standard cheque.
|
2 |
0
0
Banker’s draftGetting a banker’s draft is like asking a bank to write a cheque for you. You give them your money, and they give you a cheque for that amount to give to the person owed. The good thing about banker’s drafts is that they do not bounce through lack of funds. You can find out more about different types of cheques by visiting https://www.moneyadvicese [..]
|
3 |
0
0
Banker’s draftA cheque drawn directly from a bank’s funds, and not from an individual’s account.
|
| << Annualise | Basket trade >> |