bank draft
bank draft is the alternative form of banker's draft.
Meaning of banker's draft
Noun
banker's draft (plural banker's drafts or bankers' drafts)
- 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:
- cashier's check
Forms of bank draft
| plural | bank drafts |
|---|
Questions about bank draft
- What is bank draft the alternative form of?
- Bank draft is the alternative form of banker's draft.
Words near bank draft in the dictionary
Source and license
Adapted from Wiktionary: bank draft (page history and authors); banker's draft (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “bank draft.” Word.ws, https://word.ws/bank_draft. Based on Wiktionary, CC BY-SA 4.0.
