what can you buy with bankers drafts?

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what can you buy with bankers drafts?

2007-07-11 02:04:49 · 2 answers · asked by david a 1 in Business & Finance ➔ Credit

2 answers

A bank draft is the same as a check. Buy anything you want as long as the one you are buying from will accept it. Some stores take checks for example, some do not.

2007-07-11 02:10:05 · answer #1 · answered by JT 2 · 0⤊ 1⤋

please clarify the circumstances, including the country where the draft is/was issued and where you are.

the general answer is that you likely can only deposit such a thing -- a 'draft' in the banking system is something that isn't good money until the firm/bank on the other end 'accepts' it [accept means ponies up the cash for this specific piece of paper].

K?

2007-07-11 09:10:29 · answer #2 · answered by Spock (rhp) 7 · 0⤊ 0⤋