What does bank draft mean?
Definitions for bank draft
bank draft
This dictionary definitions page includes all the possible meanings, example usage and translations of the word bank draft.
Princeton's WordNet
bank draft, banker's draftnoun
a draft drawn by a bank against funds deposited in another bank
ChatGPT
bank draft
A bank draft is a payment method where the payer instructs its bank to send money to the payee's bank account. It's similar to a check, but provides more security to the payee because the funds are withdrawn directly from the bank's account, ensuring the availability of the funds. This method is often used in transactions involving large amounts of money.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of bank draft in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of bank draft in Pythagorean Numerology is: 5
Translations for bank draft
From our Multilingual Translation Dictionary
- BankscheckGerman
- giro bancarioSpanish
- tirage bancaireFrench
- draf bankIndonesian
- bonifico bancarioItalian
- bank ontwerpDutch
- rascunho bancárioPortuguese
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"bank draft." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/bank+draft>.
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