1.

Show the difference between cheque and Demand draft.​

Answer»

e are few other differences between cheque and DD:The cheque is ISSUED by the customer, whereas Demand draft is issued by the bank. ... In cheque drawer and payee are different PERSONS. In DD, both PARTIES are BANKS. A cheque needs signature to TRANSFER amount, While DD does not require signature to transfer funds



Discussion

No Comment Found

Related InterviewSolutions