From Longman Dictionary of Contemporary Englishbank draftˈbank draft (also banker’s draft) noun [countable] BFBa cheque from one bank to another, especially a foreign bank, to pay a certain amount of money to a person or organizationFrom Longman Business Dictionarybank draftˈbank draft (also banker’s draft) noun [countable]BANKING a cheque written by a bank and therefore certain to be paid. A customer can use a bank draft to pay someone who will not accept a personal chequePayment may be made by a bank draft drawn on a UK bank.
