Business Terms and Jargon Explained

What is Bankers draft

A bankers draft is a cheque that is issued by a bank on behalf of one of its customers. The money is taken from the customerís account and deposited in the bankís own account. The bank then issues the cheque which is guaranteed to pay the person named on the cheque. The person receiving the cheque is happy as the cheque cannot bounce.

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OHIM Raw Materials Quantum of damages
BTI Consultancy agreement Tontine
Cache European Council Lawyer
Supply Chain Arbitrator or Arbitration Recorder
Ogden tables Tax Year Airdrop
Cross training Default Surcharge High Court
IDE Primogeniture Quant
Wetware Overtime Base Rate
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Payer UK Co-operative
OTR Warrant CEO
CPU Credit Sale Dollar voting
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Term created / updated 2020-09-01 16:57:22

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