Definition of bank draft in English:

bank draft

Syllabification: bank draft

noun

A check drawn by a bank on its own funds in another bank.
More example sentences
  • He gave the PCEC a copy of a bank draft to prove it.
  • I also took advantage of the automatic bank draft, which made me eligible for an immediate interest-rate decrease.
  • Garda sources said a recurring feature of cheque and bank draft scams by professional criminals is that a naive company insider is persuaded to take most of the risk.

More definitions of bank draft

Definition of bank draft in:

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day wiseacre
Pronunciation: ˈwʌɪzeɪkə
noun
a know-all…