What is the difference between check and draft?

Answer»

Cheque and DEMAND draft(DD) both are used to make the payments.

S.no	Cheque	Demand Draft
1.	It is ISSUED by the customer	It is PUBLISHED by the bank
2.	Payment is made after depositing the cheque	Demand draft is issued after GIVING the MONEY to the bank
3.	Signature is required in cheque	Signature is not required in DD
4.	It can bounce	It cannot be dishonored

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