bank draft

• Instrumento financiero emitido por un banco a petición de un cliente, que garantiza el pago a un beneficiario designado. Se utiliza como método seguro de transferencia de fondos, a menudo en transacciones de gran cuantía o pagos internacionales.

A financial instrument issued by a bank on behalf of a customer, guaranteeing payment to a specified payee. It is a secure method of transferring funds, often used for large transactions or international payments.

1. Guaranteed payment instrumentB2formal

   A check drawn by a bank on its own funds, representing a guaranteed payment to the recipient.

   cheque de caja

   • The buyer paid for the car with a bank draft.
   • You can request a bank draft from your local branch for large transactions.
   • The seller required a bank draft to ensure the payment was secure.