JAMB - Commerce (2015 - No. 5)
A cheque drawn by a bank official on the bank’s deposit in another bank on a customer’s deposit in another bank
Bank draft
Bankers’ order
Promissory note
Travelers cheque
Erläuterung
it is an order by the customer requesting the bank to transfer certain amount from the customer’s account to another bank account, so it is a standing order.