banker's draft
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English[edit]
Alternative forms[edit]
Noun[edit]
banker's draft (plural banker's drafts or bankers' drafts)
- (UK) A type of financial instrument, used similarly to a cheque to make a payment or transfer money, but drawn on funds already taken from the payer's account and held by the bank, and hence seen as more certain of being honoured than a personal cheque.
Synonyms[edit]
- cashier's check (US)
References[edit]
- “banker's draft”, in OneLook Dictionary Search.
Further reading[edit]
banker's draft on Wikipedia.Wikipedia
