Question

Can a person receive a Bank draft from a foreign country without having an account in the bank?

7 months ago - 2 answers

Best Answer

Chosen by Asker

Yes, of course. The person who sends you the bank draft will send it from *their* bank. If you want to cash it, you'll bring it to your bank and deposit it. Your bank will hold it (probably for several days) to make sure it clears before you can use the money. Is this bank draft coming to you from someone you know? There's a lot of scammers out there who cheat people by sending them foreign checks or bank drafts that are no good, and then trick the people into sending them back some of their own money from their own account. That's not what you're going to do, is it?

by rtfm

7 months ago

Asker's Rating: 

Other Answers

Ofcourse and the same can de deposited in any bank for the clearing

by pankaj- 7 months ago