Demand draft
id:
demand-draft-241-3727850
title:
Demand draft
text:
A demand draft (DD) is a negotiable instrument similar to a bill of exchange. A bank issues a demand draft to a client (drawer), directing another bank (drawee) or one of its own branches to pay a certain sum to the specified party (payee). A demand draft can also be compared to a cheque. However, demand drafts are difficult to countermand or revoke. Cheques can also be made payable to the bearer. However, demand drafts can only be made payable to a specified party, also known as pay-to-order. D
brand slug:
wiki
category slug:
encyclopedia
description:
Financial document exchangeable for money
original url:
https://en.wikipedia.org/wiki/Demand_draft
date created:
date modified:
2023-08-19T02:33:05Z
main entity:
{"identifier":"Q3595889","url":"https://www.wikidata.org/entity/Q3595889"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/5/5e/Demand_draft.jpg","width":1509,"height":679}
fields total:
13
integrity:
15