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What is a foreign draft?

What is a foreign draft?

A draft is similar to a Financial Institution Cheque issued in a foreign currency. It’s another way for you to make payments and settle a transaction overseas, especially if you don’t have the receiver’s electronic bank account details.

Drafts can be sent overseas via mail and are available in a range of currencies.

Organising a foreign draft is easy – simply call 1300 651 400 to speak to a friendly Greater Bank staff member, or drop into your nearest branch.