Banker"s draft - In situations where a person owes money to a creditor, and the creditor is not prepared to accept a personal cheque because he thinks it might bounce, a banker"s draft can provide a solution. It is simply a cheque made out to the creditor by the debtor"s bank, and in the eyes of the creditor is much more secure.
Banker"s draft : in situations where a person owes money to a creditor, and the creditor is not prepared to accept a personal cheque because he thinks it might bounce, a banker"s draft can provide a solution. it is simply a cheque made out to the creditor by the debtor"s bank, and in the eyes of the creditor is much more secure.