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Manager's Check/Demand Draft

Products and Services

Products and

Manager's Check/Demand Draft

Manager's Check
A Manager's Check(MC) is a cheque issued by the bank, payable to a payee as indicated by the person who buys the MC. It is often used in situations when the beneficiary does not accept cash or personal cheques.

Demand Draft

A demand draft is a written order issued by RobinsonsBank to our overseas correspondents to pay a stated amount in United States dollar (USD) to a named beneficiary. RobinsonsBank or our overseas agent will pay your beneficiary when the demand draft is deposited and cleared by the beneficiary’s bank.