banker's draught

A form of banker's draft — A type of financial instrument, used similarly to a cheque to make a payment or transfer money, but drawn on funds already taken from the payer's account and held by the bank, and hence seen as more certain of being honoured than a personal cheque.

Meanings

nounbanker's draught (plural banker's draughts or bankers' draughts)

plural banker's draughts · plural bankers' draughts

  1. UKalternativeAlternative spelling of banker's draft.

    Raising his clipboard as a preacher might raise his bible, he reminded Charlie of his duty to the Crown, and demanded the monies outstanding, in full, in cash, banker's draught, or negotiable securities.

    2009, Aran Lewis, Donkey, page 221
    3 more examples

    The ſeſſions ended at the Old Bailey, when twelve convicts received ſentence of death, among whom was Samuel Burt, for the forgery of a banker's draught of 100l. who had been recommended to mercy by the jury, his conduct having evinced ſome degree of inſanity.

    1786, The Annual Register, or General Repository of History, Politics, and Literature, page 34

    [...] if any clerk or servant, or person employed as such, by any individual or body politic, shall fraudulently embezzle, secrete, or make away with such money, goods, bond, bill, note, banker's draught, or other valuable security, so coming into his possession, he shall be deemed to have feloniously stolen the same from his master, and shall suffer transportation for a term not exceeding fourteen years.

    1814, David Hume, Supplemental Notes to Mr. Hume's Commentaries on the Law of Scotland Respecting Crimes, page 12

    [...] accept, draw, or endorse any promissory note, bill of exchange, banker's draught, cheque, dividend warrant, or other such like instrument; and any such instrument shall be signed, accepted, drawn, or endorsed by such person or persons as the board shall from time to time appoint for that purpose.

    1901, Herapath's Railway Journal, page 470

    Synonyms: cashier's check

Synonyms & antonyms

Cite this entry
APA

banker's draught. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/banker's%20draught

MLA

“banker's draught.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/banker's%20draught. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “banker's draught,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/banker's%20draught.

Source: banker's draught on Wiktionary, CC BY-SA 4.0.