Share draft definition

Share draft means a negotiable draft which is payable through a bank and is used to withdraw shares from a share draft account. (7-1-93)

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Share draft means a negotiable draft which is payable upon demand and is used to withdraw funds from a share draft account.

Share draft means a negotiable or nonnegotiable draft used to withdraw shares or deposits from a share draft account.

Examples of Share draft in a sentence

• Share draft Safekeeping is automatic on Your Account and Your cancelled share drafts will not be returned to You.

• Share draft safekeeping is automatic on Your Account and Your cancelled share drafts will not be returned to You.

• Share draft Safekeeping is automatic on Your Account and, Your cancelled share drafts will not be returned to You.

• Share draft Safekeeping is automatic on Your Account and, unless You specifically request otherwise and agree to pay any associated fees, Your cancelled share drafts will not be returned to You.

• Share draft safekeeping is automatic on Your Account and, Your cancelled share drafts will not be returned to You.

• Share draft Safekeeping is automatic on your Account and your cancelled share drafts will not be returned to you.

• Obtain balance information for your Share and Share draft accounts.

• Funds to cover your card purchases will be deducted from your Share draft account.

• Share draft (checking) accounts are the most common transaction accounts.

• Share draft Safekeeping is automatic on Your Account and Your cancelled share draft will not be returned to You.

More Definitions of Share draft

Share draft means a negotiable or non-negotiable draft used to withdraw shares from a share draft account.

Share draft means a'draft used by credit union members to withdraw funds from acredit union for payment to nonmembers.