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Demand DraftDDड्राफ्ट (डिमान्ड ड्राफ्ट)A bill of exchange drawn by one office of a bank on another of its offices, payable on demand to a specified person or order (NI Act, 2034, Section 2(झ)).Cheques & InstrumentsDrawer, Drawee and Payeeड्रअर, ड्रयी र भुक्तानी पाउने व्यक्तिThe three basic parties to a bill of exchange or cheque: the drawer who writes it, the drawee who is directed to pay, and the payee who is to receive payment.Cheques & Instruments