difference between cheque and draft
Answer Posted / karthika ayyappan
Cheque is issued by the A/c holder and money will be paid
after clearance. Cheque may bounce if money is not available.
But DD is issued by the Banker.Amount should be paid at
first while drawing the DD. DD will not bounce and customer
has to pay the services charges for DD but not for the cheque.
| Is This Answer Correct ? | 56 Yes | 1 No |
Post New Answer View All Answers
In the Vedic period, the kings collected tax from the people. What was that tax called?
when did the fall of bastille happen?
sir i wanted that u send me the last 6 months current affairs&g.k to my e-mail add. thank you
Arrange the given words in order in which they occur in the dictionary ?
Which indian cities known as twin cities of india ?
Which city is known as diamond city?
Please tell something about ex-president APJ Kalam. Why was he so popular?
What is the name of NASA's new space telescope?
plz sumbody help me. I want list of ques wid ans which z generally askd in the mangement entrance exam.
Name the chief justice of India?
Which state is called City of Joy?
name the vitamin found in orange and lime?
Which game has the Vijay Hazare Trophy associated with it?
CHARACTER CERTIFICATE format" Plz send me anyone have . sreejachandranc@gmail.com
Who are the recent Bharat Ratna awardees?