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BlackZzzverrR [31]
1 year ago
14

In which situation would a banker's draft be used?

Business
1 answer:
MrMuchimi1 year ago
6 0

Banker's draft can be used when the person making the payment wants money to be

available in the receiving bank's account.

<h3>What is bank draft?</h3>

Banker's draft is a a form of cheque that is given to a customer at the bank either for a purchase payment.

It can also be brought to another bank for remittance, it serves as evidence for transactions.

Therefore, a banker draft can be used when the person making the payment wants money to be

available in the receiving bank's account.

Learn more on bank's draft here,

https://brainly.com/question/6906511

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4 0
2 years ago
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PLEASE MARK BRAINLIEST!!!

3 0
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I hope my answer helps you

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