What is the difference between banker's cheque and Demand draft?
sumit
(Industrial Trainee at EY)
(366 Points)
Replied 16 February 2010
Originally posted by : Rajesh | ||
Demand Draft and Bankkers Cheques are same type of instrument. Difference is only that Bankers cheque is issued for payment in same city while demand Draft is issued for payment in other city. |
exactly
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