A. another bank
B. itself
C. creditors
D. customers’ deposits
Correct Answer: Option B
B. itself
Explanation
A bank draft is a cheque drawn by a bank on its own funds. A banker’s draft, also known as a banker’s cheque, is like asking a bank to write a cheque for you. You give them your money and they give you a cheque for that amount to give to the person you’re paying. For this reason, they do not bounce because of a lack of funds.
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