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Tag Banking Basic Q & A – 6

11 Apr

Banking Basic Q & A – 6

What is demand Draft? A:A demand draft is an instrument used for effecting transfer of money. It is a Negotiable Instrument. Cheque and Demand-Draft both are used for Transfer of money. You can 100% trust a DD. It is a banker’s check. A check may be dishonored for lack of funds a DD can not. […]

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