A cheque drawn by a bank official on the bank s... - JAMB Commerce 2015 Question
A cheque drawn by a bank official on the bank’s deposit in another bank on a customer’s deposit in another bank
A
Bank draft
B
Bankers’ order
C
Promissory note
D
Travelers cheque
correct option: b
it is an order by the customer requesting the bank to transfer certain amount from the customer’s account to another bank account, so it is a standing order.
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