DD

    Definition : Demand Draft
    Category : Business » Banking
    Country/Region : Worldwide Worldwide
    Popularity :

    What does DD mean?

    Demand Draft (DD) is a financial draft payable on demand. It is used by individuals to make transfer payments from one bank account to another. The major difference between demand drafts and normal checks is that demand drafts do not require a signature in order to be cashed.

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