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Difference Between Cheque and Demand Draft

July 31, 2014Posted byAdmin

Cheque vs Demand Draft Businesses and individuals use a number of payment mechanisms to transfer funds, settle transactions and make payments. Most of these transactions occur through the aid of banks and financial institutions. Cheques and demand drafts are two such methods used for transferring funds and making payments. Despite them serving the same […]

Filed Under:BankingTagged With:Cheque,Cheque Definition,demand draft,Demand Draft Definition,Features of Cheque,Features of Demand Draft

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