What is another word for foreign draft?
Pronunciation: [fˈɒɹən dɹˈaft] (IPA) 
A foreign draft refers to a type of payment instrument that is issued by banks for international transactions. Synonyms for the term foreign draft include "international draft", "foreign currency draft", "overseas draft" or "cross-border draft". These drafts allow businesses and individuals to transfer funds between different countries and currencies. Other common payment instruments that can perform similar functions to a foreign draft include wire transfers, money orders, and cashier's checks. It is important to note that foreign drafts can be subject to exchange rate fluctuations and fees, so it is best to compare options and choose the most cost-effective method for your needs.
