On Wed, Sep 21, 2011 at 6:29 AM, mc100402893 Waqar Hasan <mc100402893@vu.edu.pk> wrote:
Mera 27 credit hour hai or project k leay 30 credit hour required hainplz koi meri madad kery kai main is semester main project ly sakta hoOn Wed, Sep 21, 2011 at 5:59 AM, Marina Khan <damsel.khan@googlemail.com> wrote:
Well students this question is common n important mostly students asked with mebut when i asked again with them then the answer by students are very lengthy here m sharing short n descriptive answer--What the is differences between DD and PO? (DEMAND DRAFT ...PAY ORDER)please give answer like that not ...ala bla otherwise they will ask moreAnswer:Both pay orders and demand drafts are used by individuals to make transfer payments from one bank account to anotherORBoth pay orders and demand drafts are used by individuals to make transfer payments from one bank account to another. The main difference between the two is thata demand draft is a written order directing the payment to be made to a third party outside your city.a pay order is drawn for the third party within your city(or issued for making payments locally)POINT TO BE NOTED
Drawer: Person or bank written the draftDrawee: who is making the payment bank or personPayee: The beneficiary of a demand draft, the person receiving the payment
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