What is a banker's draft and how do I get one?
A banker's draft is useful for larger purchases. It is secure because only the named payee can use the draft.
How do I get a banker's draft?
To get a draft:
- go to any branch and speak to a cashier or Personal Banker. To find your nearest branch, use our branch locator
- you can also call Telephone Banking (if you're registered) and arrange for your details to be faxed through to the branch of your choice for collection.
What steps are involved?
- You'll need to tell us who the banker's draft will be paid to (the 'payee') and the amount.
- When you collect the draft, you'll need to provide two forms of identification.
- A member of staff will then sign the draft.
- The funds will immediately be debited from your account.
- If you're a Personal Banking customer, the charge for the draft will be £15.
Please note: 24 hours' notice is required
Keep your draft safe
Ensure that you keep the draft safe. It can only be replaced if you accept the risk that the original draft is presented at any time during the 6 years after it is issued, and only then if we consider that you are creditworthy for this potential liability.