Difference between revisions of "Make a Demand Draft"

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A demand draft is a document that allows you to withdraw money from another person's bank account without needing a signature.  The person that is withdrawing money will need to have routing and account numbers, in addition to the account holder's permission.  Learn how to safely use a demand draft to easily transfer funds.<ref name="rf1">http://www.consumerfinance.gov/askcfpb/1067/what-demand-draft-telephone-check-or-preauthorized-draft.html</ref>
 
A demand draft is a document that allows you to withdraw money from another person's bank account without needing a signature.  The person that is withdrawing money will need to have routing and account numbers, in addition to the account holder's permission.  Learn how to safely use a demand draft to easily transfer funds.<ref name="rf1">http://www.consumerfinance.gov/askcfpb/1067/what-demand-draft-telephone-check-or-preauthorized-draft.html</ref>
  
[[Category:Managing Your Money]]
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[[Category: Managing Your Money]]
 
==Steps==
 
==Steps==
 
===Prepare the Necessary Information===
 
===Prepare the Necessary Information===