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(a) A bank draft in law is considered as a Bill of Exchange drawn by one Bank upon another and the relationship of the holder of the draft and the Bank is that of a creditor and a debtor. While issuing the demand draft, the Bank takes on itself a commitment in favour of a third person at the instance of the purchaser of the draft. Once a draft is issued, the purchaser of the draft cannot in a normal situation ask the issuing Bank to stop payment of the draft. The only question which the Bank has to satisfy itself is that of the title of the person presenting the draft.