Application provides an exclusive feature which allows the customer to request the bank for the issuance of a demand draft through internet banking. The payee of the draft needs to be first registered through Payee Maintenance. The user then initiates a request to issue a demand draft by asking the bank to debit the account provided by him. On submitting the request, the details will be sent by application and the bank will then process the request and courier the draft.
How to reach here:
Dashboard > Payments > Payments > Drafts Issuance
OR
Dashboard > Payments > Set up > Payees > Demand Draft
Field Name |
Description |
---|---|
Favouring |
Payee to whom demand draft needs to be issued. |
Delivery Mode |
Mode of delivery for the selected payee as maintained. |
Delivery Location |
Delivery address for the drafts. |
Amount |
Amount for which draft needs to be issued. Note: CurrencyA generally accepted form of money, including coins and paper notes, which is issued by a government and circulated with in an economy. changes as per the type of transfer. |
Scheduled on |
Date of transfer. The options are:
|
Transfer from |
Account from which transfer needs to be done. |
Balance |
Net balance in the selected account. |
Note |
Narrative for the transaction. |
To issue the demand draft: