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What is a bank draft or bank cheque?

Bank Cheque draft
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What is a bank draft or bank cheque?

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Payments are made by bank draft or cheque. Please see your local bank for more information this form of payment. Ask for the bank draft or cheque to be made payable to the “University of Sydney” in Australian dollars (AUD). This type of cheque / draft will include an associated Australian bank, with an Australian address. Your home bank will withdraw the equivalent amount of money in your home country currency from your bank account and then process the cheque or draft. The amount will be converted according to the exchange rate on that day. There is often a small charge for this service. This is a guaranteed form of payment and cannot be cashed or deposited by anyone other than the University of Sydney.

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