UNIT 3 – UTILITY SERVICES OF A BANK Notes & Video Lectures | Class 10th Banking & Insurance | edugrown

UNIT 3 – UTILITY SERVICES OF A BANK
3.1. Remittance through Bank Drafts
3.2. E Banking
3.3. Internet Banking
3.4. Safe Deposit Lockers

A Demand Draft is a cheque that contains an order of one branch of a bank (Drawer branch)
directing another branch of the same bank (Drawee branch) to pay on demand a certain sum
of money to a specified beneficiary (Payee). A Demand Draft may be crossed also with an
Account payee instrument, meaning thereby that its amount may be credited to the account of
the payee and it cannot be encashed over the counter by the payee.

Purchase this notes: https://shop.edugrown.in/index.php/product/the-banking-insurance-notes-class-10th-batch-2023-cbse-notes-by-ashish-edugrown/

Video Lectures UNIT 3 – UTILITY SERVICES OF A BANK