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View synonyms for bank draft

bank draft

noun

  1. a draft drawn by one bank on another.


bank draft

noun

  1. a cheque drawn by a bank on itself, which is bought by a person to pay a supplier unwilling to accept a normal cheque Also calledbanker's cheque


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Word History and Origins

Origin of bank draft1

An Americanism dating back to 1825–35

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Example Sentences

For several years Peter Drew had regularly forwarded her a bank draft to cover the taxes.

A bank draft is simply the bank's cheque drawing upon its deposit with some other bank.

It will save a lot of trouble if you will have the bank draft made out in my name.

The 357 Captain drew out a bank-draft and handed it over to the surprised Elder.

Bank Draft—An order drawn by one bank on another for the purpose of paying money.

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bank discountbanker