banker's draft
English
editAlternative forms
editNoun
editbanker's draft (plural banker's drafts or bankers' drafts)
- (UK) A type of financial instrument, used similarly to a cheque to make a payment or transfer money, but drawn on funds already taken from the payer's account and held by the bank, and hence seen as more certain of being honoured than a personal cheque.
Synonyms
edit- cashier's check (US)
References
edit- “banker's draft”, in OneLook Dictionary Search.
Further reading
edit- banker's draft on Wikipedia.Wikipedia