Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / deepak
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. Cheque is written by an individual and Demand draft is issued by a bank. People believe banks more than individuals.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
How is cash flow statement different from a funds flow statement?
Where do you see the Euro in 2018?
compare cumulative & non-cumulative shares
Dear, any body give me MIS repor - excel sheet format for share trading purpose.
Who are our major competitors and what differences do you notice in our Banking products?
What has happened in the markets in the past three months?
what is capitalization? What is its importance?
What Is Iloc (irrevocable Letter Of Credit)?
Do you know the currency of different countries?
What is Statement in Lieu of Prospectus?
Can Bankruptcy Help Get My California Driver's License Back?
How is your professional knowledge useful for the banking Sector?
In how many parts 'non-tax revenue' is divided?
What do you mean by assessment year?
How do you assess the results of a logistic regression analysis?
