Bank draft - Revision history

imported>Doug Williamson: Classify page.

2022-06-27T13:23:56Z

Classify page.

@@ Line 1: / Line 1: @@
-A draft drawn by a bank on itself. The draft is purchased by the payor and sent to the payee, who presents it to its bank for payment. That bank presents the draft to the payor’s bank for reimbursement.
+A draft drawn by a bank on itself.
 Also known as Cashier's cheque or a banker's draft.
@@ Line 8: / Line 13: @@
 * [[Draft]]
 * [[Payments and payment systems]]

imported>Doug Williamson: Clarification - draft is presented to payor's bank

2017-02-15T11:40:42Z

Clarification - draft is presented to payor's bank

← Older revision		Revision as of 11:40, 15 February 2017
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	A draft drawn by a bank on itself. The draft is purchased by the payor and sent to the payee, who presents it to its bank for payment. That bank presents it to the payor’s bank for reimbursement.		A draft drawn by a bank on itself. The draft is purchased by the payor and sent to the payee, who presents it to its bank for payment. That bank presents the draft to the payor’s bank for reimbursement.

	Also known as Cashier's cheque or a banker's draft.		Also known as Cashier's cheque or a banker's draft.

imported>Doug Williamson: Add note of alternative name 'banker's draft'. Source: ACMF October 2016 p73.

2017-02-10T10:33:11Z

Add note of alternative name 'banker's draft'. Source: ACMF October 2016 p73.

← Older revision		Revision as of 10:33, 10 February 2017
Line 1:		Line 1:
	A draft drawn by a bank on itself. The draft is purchased by the payor and sent to the payee, who presents it to its bank for payment. That bank presents it to the payor’s bank for reimbursement.		A draft drawn by a bank on itself. The draft is purchased by the payor and sent to the payee, who presents it to its bank for payment. That bank presents it to the payor’s bank for reimbursement.

	Also known as Cashier's cheque.		Also known as Cashier's cheque or a banker's draft.

imported>Doug Williamson: Linked to The Treasurers Handbook - Payments and payment systems

2014-11-29T16:15:32Z

Linked to The Treasurers Handbook - Payments and payment systems

← Older revision		Revision as of 16:15, 29 November 2014
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	Also known as Cashier's cheque.		Also known as Cashier's cheque.


	== See also ==		== See also ==
	* [[Bank cheque]]		* [[Bank cheque]]
	* [[Draft]]		* [[Draft]]
			* [[Payments and payment systems]]

imported>Administrator: CSV import

2012-10-23T14:10:16Z

CSV import

New page

A draft drawn by a bank on itself. The draft is purchased by the payor and sent to the payee, who presents it to its bank for payment. That bank presents it to the payor’s bank for reimbursement.

Also known as Cashier's cheque.

== See also ==
* [[Bank cheque]]
* [[Draft]]