Commerce JAMB

A cheque drawn by a bank official on the bank’s deposits in another bank on a customer’s instruction is known as?
A cheque drawn by a bank official on the bank’s deposits in another bank on a customer’s instruction is known as?A cheque drawn by a bank official on the bank’s deposits in another bank on a customer’s instruction is known as?

A. promissory note
B. bankdraft
C. banker’s order
D. travellers’ cheque

Correct Answer:

Option C – banker’s order

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