Business

Bank Draft

Bank Draft is a settlement tool Canadia Bank Plc. issues to customers for their specific amount withdrawals from bank's account with its intermediaries or other banks abroad. Generally, Bank Draft is used as a secure tool for settlements in foreign countries.
Bank Draft

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  • Lower risk in carrying large amount of cash to abroad;
  • Be efficient and high secure in settlement;
  • Gain opportunities to use other banking products and services.
  • Bank Draft issued by Canadia Bank is payable to settle abroad. Our customers can use it to withdraw cash or deposit to their accounts;
  • Canadia Bank Plc. can issue the Bank Draft to its customers if they have sufficient money (cash or account balance);
  • Bank Draft issued by Canadia Bank Plc. has validity up to 180 days from issued date;
  • Customers can request for amendment or cancellation of their Bank Draft by informing in writing to Canadia Bank before settlement;
  • If Bank Draft is damaged or lost before settlement, you must immediately notify in writing to Canadia Bank Plc. in order to ask for cancellation or use as a reference to request for new Bank Draft.

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Conditions

Bank Draft

At Canadia Bank, we understand that all companies are different. For more detail on the conditions and requirements for our business offerings, please contact us directly or visit one of our branches to discuss more about the range of corporate loan offerings available and the various conditions