Difference Between Cheque and Demand Draft (with Types, Contents

The basic difference between cheque and demand draft is that a cheque is issued by a bank customer, whereas a demand draft is issued by the bank on application. Both the instruments, cheque and demand drafts have their own uses and limitations.

DOC) CHEQUE(S) AND DEMAND DRAFT(S)

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Difference Between Cheque and Demand Draft (with Types, Contents

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