N&K Business Experts is one of the most trusted growing trade finance solution providers in Tanzania, Africa and to the world who is here to help you keep your supply chain moving smoothly in order to lead you to business growth.
Save your valuable time and hassle in having to go through complex banking processes. Taking care of your bank drafting process from A to Z on your behalf, we are here to take the complexity out of the bank draft process.
What is a Bank draft?
A bank draft is a payment instrument that guarantees the funds by your financial institution. It also is known as a banker’s cheque. In simple terms obtaining a bank draft is similar to asking your bank to write a cheque for you.
The draft will enable you to make payments without having to withdraw money from your account. Here the bank will transfer the amount to an account of the bank issuing you the bank draft which the receiver of the money can use to collect money with. With this, the receiver won’t experience check bounces due to lack of funds in the account.
Bank draft services by N&K Business Experts
Get in touch with us with your inquiry for bank drafts. Let us help you get the bank drafts you required for your next transaction with ease and effortlessly