Sending drafts

Drafts

Drafts are available in several currencies with no maximum. They can be cashed everywhere in the world by a recipient with a bank account

• Unlike traveller's cheques, they are cashable for a period that depends on the beneficiary's credit standing.

Features

• No maximum amount
• Payment can be stopped (except for drafts in Canadian dollars)

Cost less than money transfers but can be cashed for a longer period.