A banker's draft is a cheque whose drawer is also its drawee.
A Demand draft is a cheque like instrument that can be encashed by the person on whose name the draft is drawn. The difference is that you can make a demand draft only after remitting the required funds to the bank. so it is as good as cash. It can be used anywhere you need to remit cash. for example to pay examination fees, monthly payments to your grocer etc.
what is the procedure for the cancellation of demand draft? what is the procedure for the cancellation of demand draft?
A Barangay Resolution draft should include a set of ordinances along with resolutions. Financial considerations can also be included in the draft.
Men, age 18 plus.
A bank draft would be required to purchase a home because it guarantees that you have the money to pay for your purchase and that you have sufficient funds to make your payments.
No, women are not required to register for the draft.
You can do something about the lost draft if you have the demand draft number. visit the branch where you took the draft and provide them the draft number. Also give them a letter with the draft details (on whose name you took the draft, the date, draft number, amount, payable city etc) and tell them that the draft is lost. As a first step, ask them to block the draft so that, the draft cannot be cashed by someone. As the next step, ask them to either cancel the draft and pay you money or re-issue a fresh draft.
You can do something about the lost draft if you have the demand draft number. visit the branch where you took the draft and provide them the draft number. Also give them a letter with the draft details (on whose name you took the draft, the date, draft number, amount, payable city etc) and tell them that the draft is lost. As a first step, ask them to block the draft so that, the draft cannot be cashed by someone. As the next step, ask them to either cancel the draft and pay you money or re-issue a fresh draft.
DRAFT!
Draft, conscription, or compulsory service.
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