Section 85A
Drafts drawn by one branch of a bank on another payable to order.
The Negotiable Instruments Act, 1881
About this Act
An Act to define and amend the law relating to Promissory Notes, Bills of Exchange and Cheques.
1[85A. Drafts drawn by one branch of a bank on another payable to order.--where any draft, that
is an order to pay money, drawn by one office of a bank upon another office of the same bank for a sum
of money payable to order on demand, purports to be endorsed by or on behalf of the payee, the bank is
discharged by payment in due course.]
Notes
1. Ins. by Act 25 of 1930, s. 2.