a bank draft

USAGE SUMMARY

The phrase "a bank draft" is correct and usable in written English.
It can be used when referring to a payment method that is guaranteed by a bank, often used for transactions that require a secure form of payment. Example: "To finalize the purchase of the property, please provide a bank draft for the total amount."

✓ Grammatically correct

News & Media

Academia

Wiki

Human-verified examples from authoritative sources

Exact Expressions

6 human-written examples

It's like listening to a bank draft.

The New York Times - Arts

Bernhardt obtained a bank draft which was then sent to an arms dealer in Beirut, who had obtained the weapons from a Lebanese militia.

The Guardian

To ensure a regular supply, every fair price shop owner is required to deposit a bank draft at the beginning of each month based on the amount of commodities he procures.

The New York Times

This funds are in a Bank Draft for security purpose ok? so he will send it to you and you can clear it in any bank of your choice.

TechCrunch

The former will involve wiring money over from your bank (more costly) or getting a bank draft before you go with the funds you will want to deposit in a new account once you arrive in the UK (cheaper).

Huffington Post

Have a bank draft.

WikiHow

Human-verified similar examples from authoritative sources

Similar Expressions

53 human-written examples

Nursery Draft: Members can set up a bank-draft withdrawal that allows them to leave their children at the facility's nursery while they exercise.

WikiHow

In between, the book holds a 1797 bank draft signed by the Supreme Court's third chief justice, Oliver Ellsworth; an 1844 letter from Justice Peter Vivian Daniel to President John Tyler; and an 1823 note from Supreme Court Justice William Johnson to David Hosack, the physician who nearly two decades earlier had attended to Alexander Hamilton after his fatal duel with Aaron Burr.

University of Chicago

She hired a lawyer, got preapproved for a mortgage and had her bank draft a $78,000 check from her account for the down payment.

The New York Times

When you first enroll, bring a valid picture ID and a voided check to set up an automatic monthly bank draft.

WikiHow

Eight-month investigation begins when former Fullerton employee alleges that a $1-million bank draft exchanged hands to buy Khashoggi's influence.

Los Angeles Times

Expert writing Tips

Best practice

When requesting or providing "a bank draft", clearly specify the exact amount, payee details, and any required reference information to ensure smooth processing.

Common error

Avoid using "a bank draft" interchangeably with terms like 'personal check' or 'money order'. A bank draft is guaranteed by the bank, offering higher security compared to a personal check.

Linguistic Context

The phrase "a bank draft" primarily functions as a noun phrase. It identifies a specific type of financial instrument used for guaranteed payment. Ludwig confirms this usage through numerous examples.

Expression frequency: Uncommon

Frequent in

News & Media

30%

Academia

25%

Wiki

15%

Less common in

Science

15%

Encyclopedias

10%

Formal & Business

5%

Ludwig's WRAP-UP

In summary, "a bank draft" is a noun phrase referring to a secure payment instrument guaranteed by a bank. Ludwig AI confirms its correctness and usability. While not as common as other payment methods, it is frequently used in news, academic and wiki sources. When using this term, be sure to use it properly in professional contexts and avoid confusing it with similar but less secure options like personal checks. Alternatives include "a cashier's check" and "a money order".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

a banker's draft

A check drawn by a bank on itself, very similar to a bank draft.

a bank check

A general term for a check issued by a bank.

a cashier's check

Refers to a check guaranteed by a bank, similar in function but different in name.

an official check

A check issued by a bank and signed by an authorized bank official.

a certified check

A check where the bank guarantees that sufficient funds are available, providing assurance to the payee.

a money order

A payment order for a pre specified amount of money. It is similar in function but issued by different entities such as postal offices or other financial institutions.

a wire transfer

An electronic transfer of funds, serving a similar purpose of secure payment but through a different method.

electronic funds transfer

A broader term including various electronic methods of transferring money, differing in medium but similar in purpose.

payment order

A generic term for an order to make a payment, of which a bank draft is a specific type.

remittance

The action of sending money, which can be done through a bank draft or other means.

FAQs

How is "a bank draft" different from a personal check?

A personal check is drawn on an individual's account, while "a bank draft" is drawn on the bank's own funds, guaranteeing payment to the recipient. This makes "a bank draft" a more secure form of payment.

When is it appropriate to use "a bank draft"?

"A bank draft" is appropriate for large transactions, international payments, or situations where the recipient requires guaranteed funds. It's often used when a personal check is not sufficient or accepted.

What are some alternatives to using "a bank draft"?

Depending on the situation, alternatives to "a bank draft" include "a cashier's check", "a money order", or "a wire transfer". The best option depends on the amount, urgency, and recipient's requirements.

How do I obtain "a bank draft"?

To obtain "a bank draft", visit your local bank branch and request one from a teller. You'll need to provide the amount and the payee's information. The bank will then issue the draft, deducting the amount from your account plus any associated fees.