: For small business owners, this digital feature automates invoice generation with built-in card payment capabilities to help you get paid faster. Foreign Currency Cheque Conversion - Great Southern Bank
: Typically, a bank draft remains valid for a period of three months from the date of issue. Modern Alternatives
: Because a bank draft is a prepaid instrument, the bank verifies that the funds are available before issuing it, ensuring it won't "bounce" like a personal cheque might.
While physical drafts are still used, offers several digital-first features that provide similar security and speed:
: Drafts include security features such as watermarks, serial numbers, and micro-encoding to prevent fraud.