A cheque drawn by a bank official on the bank's deposits in another bank on...

COMMERCE
JAMB 2005

A cheque drawn by a bank official on the bank's deposits in another bank on a customer's instruction is known as?

  • A. promissary note
  • B. bankdraft
  • C. banker's order
  • D. travellers' cheque

Correct Answer: C. banker's order



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