Home  | Term of the Day | |||
| bank draft A check drawn by one bank against funds deposited into its account at another bank, authorizing the second bank to make payment to the individual named in the draft. | ||||
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| Usage Example Steve had to submit a bank draft in order to transfer the funds from his old bank account to his new joint account after he got married. | ||||
Term of the Day
Lobo- Moderator
- Posts : 28411
Join date : 2013-01-12
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