A bank draft is an official check that banks print and guarantee, resulting in a safe; payment. The term can also refer to electronic payments. Read More: https://www.thebalance.com/bank-drafts-315281?utm_source=emailshare&utm_medium=social&utm_campaign=shareurlbuttons

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Source: https://sincityfinancier.wordpress.com/2021/07/20/shared-from-thebalance-com-whats-a-bank-draft-safe-payment-in-the-form-of-a-check-or-transfer/