Demand Draft

Demand Draft is a less expensive way for remitters to transfer money overseas. Offers a convenient way to settle your trade business when documentation is required. Is secure and safe. A demand draft is more secure than a normal cheque as it can only be credited to a specific payee's account, and a customer can only be reimbursed under indemnity if the cheque is lost or stolen. With a demand draft, you enjoy the flexibility of:

Making the bank cheque payable to a specific payee, drawn on an overseas branch/bank for any amount and in over 40 currencies worldwide. Choose how and when you want to send the cheque, without a stated expiry date.