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    <title>Incorporation of Name of the Purchaser on the Face of the Demand Draft</title>
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    <description>Issuance instruments such as demand drafts, pay orders and banker&#039;s cheques must bear the name of the purchaser printed on the face of the instrument, and the issuing bank is required to incorporate the purchaser&#039;s name on such instruments issued on or after September 15, 2018; this amendment to the Master Direction on KYC mandates the change and banks are instructed to ensure compliance.</description>
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      <description>Issuance instruments such as demand drafts, pay orders and banker&#039;s cheques must bear the name of the purchaser printed on the face of the instrument, and the issuing bank is required to incorporate the purchaser&#039;s name on such instruments issued on or after September 15, 2018; this amendment to the Master Direction on KYC mandates the change and banks are instructed to ensure compliance.</description>
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