what is the difference between cheque and draft
Answer Posted / m manikandan
While issuing Cheque there is no money charged, but while
issuing draft the bank charges some money in the form
of "comission".
Cheque involves the risk ( when there is no sufficient
money), but Draft is the most safe method.
Cheque is issued by the account holder, But Draft is issued
by the Bank.
Is This Answer Correct ? | 1 Yes | 2 No |
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