Enjoy the convenience of paying by cheque whilst giving your supplier the security of guaranteed payment. A draft is an instruction given by us to a foreign bank to pay a beneficiary specified by you.
A draft can be used to send money abroad, for example for payment for goods purchased, advance travel-related payments and maintenance. Unlike a normal cheque, a bank draft will not bounce as the bank ensures the funds are available before issuing the draft.
Features and benefits
Who can apply
A bank draft is available to all customers with sufficient funds in their Stanbic Bank transactional account.
You need to request for an application form in order to fill in the information you want to appear on the draft.
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