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bankers draft question

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Old 06-11-2007, 06:48 PM
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the benno
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Default bankers draft question

hi guys can you draw cash straight off a bankers draft or do they have to clear like a cheque ????
thanks in advance
Old 06-11-2007, 07:46 PM
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andyt
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should be able to mate, maybe give it 20min for it to get processed and it should be fine to draw money
Old 06-11-2007, 09:06 PM
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jameswrx
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Not from my experience, I have tried.

I can't stand the 'double standard drafts'
Old 06-11-2007, 09:13 PM
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dave_y
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drafts take 3 days to clear just like a cheque. However they are guaranteed to clear unlike a cheque
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