A bank draft is a check drawn by a bank on its own funds in another bank located either in the same city or another city.

Name: A bank draft is a check drawn by a bank on its own funds in another bank located either in the same city or another city.
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A bank draft is indeed a check that is drawn by a bank on its own funds but is payable through another bank, typically in a different location, making it a secure method of payment.

A Bank Draft Is a Check Drawn by a Bank