What Is The Difference Between Cheque And Demand Draft?

1.	What Is The Difference Between Cheque And Demand Draft?
Answer» Cheque is a negotiable instrument which is PAID to the bearer but a DEMAND DRAFT is a negotiable instrument always PAYABLE on order. Cheque is a negotiable instrument which is paid to the bearer but a demand draft is a negotiable instrument always payable on order.

Answer»

Cheque is a negotiable instrument which is PAID to the bearer but a DEMAND DRAFT is a negotiable instrument always PAYABLE on order.

Cheque is a negotiable instrument which is paid to the bearer but a demand draft is a negotiable instrument always payable on order.

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