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Old Jun 10th 2009, 2:27 pm
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Default Australian Bankers Draft?

Hi all,

Does anyone know if there is an Australian version of a UK Bankers draft?
(that is already cleared and is almost like cash?)

I'm selling my furniture and the buyer would like to pay by cheque.

Cheers!
Ant
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Old Jun 10th 2009, 2:29 pm
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Default Re: Australian Bankers Draft?

Yep, same thing - a bank cheque. Banks roughly charge about $10 to provide one.
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Old Jun 10th 2009, 2:38 pm
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Default Re: Australian Bankers Draft?

Originally Posted by SamSi
Yep, same thing - a bank cheque. Banks roughly charge about $10 to provide one.
Thanks very much, but is it just called a "bank cheque" then? How do you distinguish it from a normal cheque that takes 5 days to clear?
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Old Jun 10th 2009, 2:48 pm
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Default Re: Australian Bankers Draft?

I've always called it a bank cheque, not sure if they go by another name here. You can easily recognise it as it's a bespoke printed cheque with a perforated top - looks the same as a bankers draft so larger than a personal cheque and it has all the usual guarantee of funds etc on the reverse side.
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Old Jun 10th 2009, 3:23 pm
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Default Re: Australian Bankers Draft?

Originally Posted by SamSi
I've always called it a bank cheque, not sure if they go by another name here. You can easily recognise it as it's a bespoke printed cheque with a perforated top - looks the same as a bankers draft so larger than a personal cheque and it has all the usual guarantee of funds etc on the reverse side.
Great. Very helpful - thanks.
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Old Jun 10th 2009, 5:34 pm
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Default Re: Australian Bankers Draft?

I thought the title was "Australian Bankers DAFT?" to which the answer is of course yes.
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Old Jun 10th 2009, 11:03 pm
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Default Re: Australian Bankers Draft?

Originally Posted by Tooterelli
I thought the title was "Australian Bankers DAFT?" to which the answer is of course yes.

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Old Jun 11th 2009, 12:17 am
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Default Re: Australian Bankers Draft?

Originally Posted by Tooterelli
I thought the title was "Australian Bankers DAFT?" to which the answer is of course yes.
Happy to change the title if you like to start a new thread
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