Bankers Draft!!!!

[rowan1990]

What is a bankers draft-What does it involve and any costs and how long untill you can get payment-Isit like a cheque?

[dzug]

Yes it's like a cheque, but it's written from the bank's account rather than your own. I imagine they charge for them - no idea how much.

It <probably> takes as long as a cheque for you to get your money. Although it can't bounce for lack of funds, it could still be stolen or forged, so is only slightly less risky than a cheque.

[CheekyChops]

Last time I got one it cost me �15.

[Reverandfunk]

I've used a bankers draft for large amounts i.e. thousands but for anything less than a few hundred it's not cost effective.