What is a Bank Draft?

Answer

If you overspend in your checking account you can receive a bank draft. It is a fee that the banks charge for you spending over your limit.
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Q&A Related to "What is a Bank Draft?"
A bank draft check is a check purchased by a customer of a financial institution and written from a financial institution's accounts. The purpose of a bank draft is to provide check
http://www.ehow.com/facts_5772017_bank-draft-check...
a check.
http://wiki.answers.com/Q/What_is_Foreign_Bank_Dra...
Check, drawn by a bank against its own funds deposited in another bank. Banks frequently use bank drafts when it is more convenient to write a bank check than to use a customer's
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A bank draft is a pre authorized check addressed on a customer’s checking account. Bank drafts are printed on black check stock using the customers banking ...
A bank draft is a check drafted by an actual bank. It can be from their bank or another bank's funds. It can be for a number of reasons, such as for a loan. ...
A bank draft is a type of check in that the payment is guaranteed to be available by the issuing bank. Normally, banks will review the bank draft requester's account ...
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