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DEMAND DRAFT

You aim to reach the best university but submission of university expenses can be a problem for many. Whom to contact for making a demand draft? Do I need to open a foreign currency account? Will it reach on time? Is it going to be accepted? These are just some of the questions that come to mind. Don’t worry; Dollar East has made the process of getting a demand draft simple and quick.

Demand Draft is a physical mode of money transfer. It is beneficial for the sender to make a bank draft because it is secure and can only be credited to the specified beneficiary`s bank account.

Most frequent uses of Demand Draft:
    • International Education Fee Payments
    • Medical Expenses Abroad
    • Immigration Fee
    • Consultancy Fee

Required Details:
Sender:
   • Full name
   • CNIC Copy
   • Phone number

Beneficiary:
   • Evidence for the purpose of Demand Draft(i.e. University offer letter)
   • Original CNIC along with its photocopy/Passport along with its copy.
   • Ensure that the Demand Draft is not damaged ( In case of cancellation)

Terms & Conditions:
   • Demand Draft is valid for a period of 6 months only.
   • Please take good care of your Demand Draft, as it may be dishonored if it is damaged. Dollar East
     will not be able to help  you in this regard.
   • You need to present the original Demand Draft in case of cancellation or refund.
     If the Demand Draft is lost or stolen, it can only be cancelled after obtaining approval from
     issuing bank.
   • According to the State Bank of Pakistan, all KYC procedures will be followed for any transaction.
     Expired CNIC/Passport will not be accepted.

*Note:
Dollar East is not responsible for the FOREX loss.
Demand Draft charges are non-refundable.

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