1. Meaning
A cheque is an unconditional order directing the banker to pay a certain sum of money only to or to the order of a certain person.A draft is an order to pay money drawn by one office of a bank upon another office of the same bank for a sum of money payable to order on demand.Image credits © Moon Rodriguez.
2. Facility
The current account and saving account holders get a cheque
Monday, 18 April 2011
Difference Between Cheque and Demand Draft DD - Distinguish
Posted on 09:14 by Unknown
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