Definition of bank draft in English:
A check drawn by a bank on its own funds in another bank.
- 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.
Definition of bank draft in:
- British & World English dictionary
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