How to Get a Demand Draft from Scotiabank: A Comprehensive Guide

A demand draft, also known as a banker's cheque, is a practical and safe method of transferring money. It is especially beneficial for large transactions where the risk associated with personal cheques is too high. In this article, we will guide you through the process of obtaining a demand draft from Scotiabank using three different methods: online banking, mobile app, and customer service call.

Obtaining a Demand Draft through Online Banking

Scotiabank’s online banking platform is extremely user-friendly and offers a multitude of services, including the issuance of a demand draft. Here are the steps you need to follow:

• Log into your Scotiabank online account.
• Go to 'Transfers’ and then select 'Demand Draft' from the drop-down menu.
• Follow the instructions provided, which will require you to enter details such as the amount, the recipient's name, and delivery details.
• Review and confirm the details you provided are correct before proceeding.
• A processing fee will apply, which will deduct directly from your account. Once the payment is successful, Scotiabank will process your demand draft request.

Obtaining a Demand Draft through the Scotiabank Mobile App

Scotiabank's mobile app is yet another way to access their banking services on the go. Here's how you can request a demand draft with it:

• Open the Scotiabank mobile app on your smartphone or tablet.
• Log in using your username and password.
• Inside the app, navigate to 'Transfers’ and then tap 'Demand Draft'.
• Fill out all the necessary details and verify them before proceeding.
• A processing fee will debit from your account. After successful payment, Scotiabank will begin processing your demand draft.
• Once the bank approves the demand draft, you will receive a notification confirming the same.

Obtaining a Demand Draft via a Customer Service Call

If you find dealing with online systems overwhelming, or if you don't have access to the internet, you can also contact Scotiabank's customer service to request a demand draft. Follow these steps:

• Call Scotiabank’s customer service line and follow the automated instructions to speak to a representative.
• Tell the representative that you need a demand draft and provide them with the necessary details such as the amount and recipient’s information.
• The representative will then verify your identity and confirm the data.
• You will be charged a processing fee for this service, which will be debited directly from your account.
• Once all the steps are completed, Scotiabank will process your demand draft, which you can then collect from your nearest branch or have it mailed to your preferred address.

Whichever method you choose, obtaining a demand draft from Scotiabank is a straightforward process. Just remember to provide accurate information and have enough funds in your account for both the demand draft amount and any applicable fees.