- a draft drawn by one bank on another.
Origin of bank draft
An Americanism dating back to 1825–35
Also called banker's bill.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for bank draft
The 357 Captain drew out a bank-draft and handed it over to the surprised Elder.Captain Pott's Minister
Francis L. Cooper
- a cheque drawn by a bank on itself, which is bought by a person to pay a supplier unwilling to accept a normal chequeAlso called: banker's cheque