Definition of bank draft in English:

bank draft

Line breaks: bank draft


  • A cheque drawn by a bank on its own funds.
    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 mage
Pronunciation: meɪdʒ
a magician or learned person