BANK DRAFTS

Bank drafts offer a convenient and secure means of payment, are more easily negotiated than postal money orders, and are less vulnerable than cash to loss or theft.

Requirements for Bank Drafts:

  • Beneficiary’s Name
  • Amount and Currency
  • Remitter’s Name
  • Remitter Account Number
  • Purpose of Bank Draft
  • Documentary evidence (where required such as invoices, statements, etc.)