A cheque drawn by a bank official on the bank’s deposits in another bank on…

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: Option C
Explanation
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