Refund and loss reporting of bank draft?

A bank draft refers to a bill issued by an issuing bank and unconditionally paid to the payee or holder according to the actual settlement amount at sight.

Bank drafts are issued by the issuing bank and drawn by the bank; The issuing bank is the drawee of the bank draft.

Two, the bank draft can be used for transfer, and the bank draft marked "cash" can also be used to withdraw cash.

Three. Absolute matters of bank draft: indicate the words "bank draft", unconditional payment commitment, drawn amount, drawee's name, payee's name, drawn date and drawer's signature.

4. The time limit for presentment payment of bank draft is 1 month from the date of issue. If the holder presents payment within the time limit, the paying bank will not accept it.

5. The payee can endorse and transfer the bank draft.

6. Refund and loss reporting of bank drafts

1. If the applicant requests a refund because he has not received the settlement notice, the issuing bank shall handle it one month after the bank draft expires.

2. If the bank draft is lost, the loser may request payment or refund from the issuing bank on the strength of the certificate issued by the people's court that he enjoys the right to the bill.