1. What is a Bank Draft or Demand Draft ?
Bank Draft is also called as Demand Draft, in short, DD. DD is a special type of cheque. It is drawn by a bank on any of the branches of the same bank. It is used for remitting money from one place to another place. It is the cheapest mode of sending money. It is an order to pay money on demand.Image Credits © Tuxedo Travels.The person who wants to send
Tuesday, 1 March 2011
Bank's Demand Draft - Mail & Telegraphic Transfer - Overdraft
Posted on 10:06 by Unknown
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