QUOTE(cherroy @ Jan 10 2008, 08:56 AM)
No, you don't need to be account holder to get a demand draft or banker cheque.
The difference between demand draft and banker cheque (got slight difference actually),
for local currency and in Malaysia, the banks will issue a banker cheque, as the money is drawed from its own bank, while for foreign currency they will issue a demand draft as the money is draw at third party bank in overseas, not its own bank.
This is the difference that I could spot, I might be wrong.
yes you are right dearie...The difference between demand draft and banker cheque (got slight difference actually),
for local currency and in Malaysia, the banks will issue a banker cheque, as the money is drawed from its own bank, while for foreign currency they will issue a demand draft as the money is draw at third party bank in overseas, not its own bank.
This is the difference that I could spot, I might be wrong.