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How do I take a demand draft from a bank by paying with cheque?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 asked

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3 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

1. It should be drawn as "Yourselves" 2. Please check the total commission and charges applicable and draw for the total amount visit [CAKART provides the best video Lecture and Online classes, coaching for Chartered Accountant CA FINAL, CA Intermediate | CA IPCC, CA Foundation | CA CPT Exams; Company Secretary CS FINAL] to avail discount use my ambassador code :CAKARTAMB1671782 for more article visit https://www.cakart.in/blog http://cakart.in

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Fill in the DD slip and alongwith it give a cheque to the bank writing **YOURSELF** in the name column of cheque. They will issue u a DD by taking payment from cheque. Behind the URSELF cheque plz write to use this amount for DD n sign it. happy Banking

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Dear Pinky, If you want to obtain Demand Draft and want to pay such amount through cheque than you should fill the requiste form for making dd under which you shall specify the name of receiver and make the cheque with the name of yourself and cross the cheque as a/c payee cheque. after payment the nominal fees (applicable as per Bank Policy) you can obtain the demand draft from the bank. Any other query feel free to contact us. Writer CA Chitranjan Agarwal

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Nikhil commented over 2 years ago

Account payee is necessary or not??

Nikhil commented over 2 years ago

Account payee is necessary or not??

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