When you issue a bankerâ€™s cheque we are essentially guaranteeing that monies you owe will be paid immediately. To obtain a banker’s cheque customers need to give us at least 24 hours notice for the cheque to be prepared, Â signed by the bank manager on behalf of the bank as a drawer and issued to the customer.
Features and benefits
âœ… The banker’s cheque is an affordable and secure way to transfer large sums of cash
âœ… They can also be used locally or internationally
âœ… Bankerâ€™s cheques’ can be used as travel funds
âœ… After drafts are deposited, there is normally a delay of several days for clearance
âœ… Drafts are available in selected major currencies at selected bank branches
âœ… Lost or stolen drafts can be stopped and replacements issued (subject to terms and conditions)