A cheque which a bank draws on its own funds is a?

a

bankdraft

b

cashier's cheque

c

bank cheque

d

crossed cheque

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Correct Option
b

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PuertoSans
9 years ago

What? B is the right answer.



a check drawn by a bank on its own funds in another bank is a bank draft.



Cashier's Check

A check that a bank draws on its own funds for which you pay a fee.

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