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 Bank Draft, where and the charge

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AskarPerang
post Feb 25 2019, 02:46 PM

~tUPaI...~
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QUOTE(DM3 @ Feb 25 2019, 08:37 AM)
Can now buy the draft at any bank by Instant transfer?
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Instant transfer to which account if you do not have any banking account with that bank?
I dont think is possible. You need to have a banking account with that bank only able to do bank draft with that bank.

QUOTE(basilpaschal @ Feb 25 2019, 08:48 AM)
what if you lose the bank draft...lost....do you lose your money as well ?
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Nope. Just like normal cheque. Only the person / name stated on the cheque can actually cash out the money. You dont have to worry unless the cheque is bearing a very general name.
You can declare lost at the same branch you do the cheque. Penalty is RM20.

If you return a banker cheque unusued, the cost is RM2.
For comparison purpose.

 

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