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When a draft promises immediate payment to the holder of the draft, it is called a sight draft. Cheques written on demand deposits are examples of sight drafts. When a draft promises a deferred payment to the holder of the draft, it is called a time draft. The date on which the payment is due is called the maturity date.
A specimen demand draft. A demand draft (DD) is a negotiable instrument similar to a bill of exchange. A bank issues a demand draft to a client (drawer), directing another bank (drawee) or one of its own branches to pay a certain sum to the specified party (payee). [1] [2] A demand draft can also be compared to a cheque. However, demand drafts ...
The caller would dial the long-distance operator (typically ‘110’ or ‘211’ in large Bell System cities of that era; ’0’ was for local assistance) and provide the destination city name and called number as well as their own number for billing purposes as there was no automatic number identification.
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In government finance, a warrant is a written order to pay that instructs a federal, state, or county government treasurer to pay the warrant holder on demand or after a specific date. Such warrants look like checks and clear through the banking system like checks, but are not drawn against cleared funds in a checking account (demand deposit ...
San Bernardino, Ontario, Pomona, and Chino; eastern Los Angeles County and southwestern San Bernardino County. Overlay of 909 effective February 23, 2021 858: City of San Diego and suburbs: Originally created by a split from 619 on June 12, 1999; however, re-merged with 619 to create the 619/858 overlay in June 2018 [3] 909
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With all-number calling, the number of permissible central office prefixes increased from 540 to potentially 800, but the first two digits of the central office code were still restricted to the range 2 to 9, and the eight combinations that ended in 11 were reserved as special calling codes. [32]