Скачать или смотреть Purchaser Name on Demand Draft made mandatory : Finance News 1

Incorporation of Name of Purchaser on Face of Demand Draft : RBI Instructions dated 12.07.2018 https://taxheal.com/incorporation-of-...

In order to address the concerns arising out of the anonymity provided by payments through demand drafts and its possible misuse for money laundering, it has been decided that the name of the purchaser be incorporated on the face of the demand draft, pay order, banker’s cheques, etc., by the issuing bank. These instructions shall take effect for such instruments issued on or after September 15, 2018.

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