A cheque which a bank draws on its own funds is a?
...A cheque which a bank draws on its own funds is a?
bankdraft
cashier's cheque
bank cheque
crossed cheque
Correct answer is B
A cashier's cheque is a cheque written by a financial institution on its own funds, signed by a cashier, teller, or a representative, and paid to a third party.
A bank statement is a document ...
Which of the following is not connected with after-sales services? ...
Which of the following is a direct service? ...
The payment for direct service is usually made by the ...
In CIF contracts, risk passes at the time of shipment but the property does not pass until? ...