Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between cheque and draft
- 34 Answers
- 126683 Views
- Bank Of America, Bank of Baroda, BoA, MBA, State Bank Of India SBI, I also Faced
- E-Mail Answers
Answer Posted / vikrant
Cheque and Drafts both are Negotiable Instrument, the
difference is that Cheque is issued by An Account Holder
whereas Draft is issued by A Banker. Cheques may get
dishonoured on presentment if sufficient funds are not
available in A/c Holder’s bank A/c, whereas Draft will
never get dishonoured as the sufficient Funds (Cash/Bank)
are transferred from A/c Holders Account / Draft Applicant
paying Cash to Bank’s Account at the time of Issuance of
Draft.
| Is This Answer Correct ? | 5 Yes | 3 No |
Post New Answer View All Answers
Whether interstate purchase of High speed diesel by mines at concessional rate is allowable ?
How to reconcile GST Tally and GST Portal ?
what are procedure we need to do at the time ACTO VISIT FOR AUDIT OF VAT .
How to Computation Advance Tax For First Quarter
i want question papers audit staff selection examination
What sort of image do you have?
What is an internal audit and what is the role of internal audit?
Explain the difference between internal audit and statutory audit?
Why do you want to work in audit?
Who will audit an auditing firm?
What are the reasons for getting audited?
Explain the different advantages and disadvantages of internal audit?
How does an internal audit differ from an external audit?
Why you want to be a auditor?
what is the PRPOER way of accounting salaries ETF EPF
