What are the features of a Demand Draft?

Search

Business Day To Day

Business Solutions

Islamic Banking

Promotions

Digital Services

Help & Support

Deposits & Investments

Cards

Cash Management

Treasury

Solutions

Trade Finance

Financing

Insurance / Takaful

More Services

Islamic Banking Overview

Latest Promotions

CIMB Biz

BizChannel@CIMB

Corporate Cards Online

Apply For

Retrieve Saved Application-i

Customer Help Centre

Rates & Charges

Calculators

Security & Fraud

Current Account

Fixed Deposit

Investment

Other Instruments

Debit Card

CIMB Debit Mastercard

Withdraw funds for your business conveniently at the ATMs in Malaysia, at our ATMs across ASEAN, and at Mastercard ATMs worldwide.

CIMB Debit Mastercard

Withdraw funds for your business conveniently at the ATMs in Malaysia, at our ATMs across ASEAN, and at Mastercard ATMs worldwide.

See all Debit Cards

Credit Card

CIMB Platinum BusinessCard

With our CIMB Platinum BusinessCard, your company can enjoy greater cash rebates on business-related spend, be it local or overseas!

CIMB SME BusinessCard

The only credit card for your business that you need for sustainable growth.

See all Credit Cards

Corporate Card Solutions

Payments@CIMB

Collections@CIMB

Delivery Channel

SME Banking

Merchant Solutions

Business Banking

BizReady

ImportTrades@CIMB

ExportTrades@CIMB

Guarantees@CIMB

Value Added Services

Trade Smart Forms

SME Financing

General Working Capital Financing

Package Financing

Equipment Financing

Government / BNM Schemes Financing

Project Financing

BNM Financial Inclusion for SME

Enterprise Auto Financing

Credit Related Insurance / Takaful

General Insurance / Takaful

CIMB@Work

Business Current Account

Online Business Current Account-i

CIMB SME BusinessCard

SME Financing

Forex Rates

Interest Rates & Charges

Rates & Charges

Security & Fraud Awareness

Customer Surveys

Quicklinks

What are the features of a Demand Draft?

Transferring funds within and outside the country
If funds are to be sent abroad, the draft is drawn on a bank in a foreign country in the appropriate currency
Demand Draft is paid for by the customer at the time of issue. The customer sends the draft to the payee who presents it at the drawee bank for payment
Types of Demand Draft:-
1. Local Demand Draft (RM)
2. Foreign Demand Draft (foreign currency)
For issuance of MIDF and MIH shares issue

Looking for More Questions?

Back to FAQ Home

For More Enquiries

Email Us

Drop us an email and we'll get back to you.

Email Now

Talk To An Expert

Visit us at our branches nationwide.

Find a Branch

Call Us Now

You can reach us at 1300 888 828 (Local)

or

+603 2297 3000 (Overseas).