Do you want to pay with the convenience of a cheque, but worry about the risks? Then you can consider Laxmi Bank’s Demand Draft, a low-cost, convenient method of making non-urgent payments. A demand draft is more secure than a normal cheque as it can only be credited to a specific payee's account, and a customer can only be reimbursed under indemnity if the cheque is lost or stolen. The bank at present has draft drawing arrangements with following banks locally and abroad.

Local: All the branches of Standard Chartered Bank Nepal Ltd.

USD draft drawing arrangement with Standard Chartered Bank,
NY, USA, Citibank, NY, USA

ICICI Draft Arrangement:

The arrangement that we have made with ICICI Bank ensures that your payment requirements are met all over India. We have chosen ICICI Bank as our partner in India owing to their strength and a wide presence in the Indian market.

At our request, ICICI Bank will make payments through an extensive network of about 400 branches plus their domestic correspondents. Payments can be made by purchasing Demand Drafts payable at ICICI Bank branches or by requesting Speed Remittance through SWIFT or Interent payable through ICICI Bank branches/ network points.