D Dub45 Guest 26 Sep 2007 #1 Can anyone explain to me how the banks can justify taking 5 working days to clear a bank draft? I always thought that a bank draft was the same as cash given that you have to pay up front for a bank draft?
Can anyone explain to me how the banks can justify taking 5 working days to clear a bank draft? I always thought that a bank draft was the same as cash given that you have to pay up front for a bank draft?
Brendan Burgess Founder Messages 53,770 26 Sep 2007 #2 A lot of bank drafts are forgeries. It is only the same as cash if you actually cash it in the branch of the bank on which it is drawn. Brendan
A lot of bank drafts are forgeries. It is only the same as cash if you actually cash it in the branch of the bank on which it is drawn. Brendan