Banker's draft and Bill of exchange

Banker's draft noun - A draft drawn by a bank against funds deposited in another bank.

Bill of exchange and banker's draft are semantically related. In some cases you can use "Bill of exchange" instead a noun phrase "Banker's draft".

Bill of exchange noun - A document ordering the payment of money; drawn by one person or bank on another.

Banker's draft and bill of exchange are semantically related. Sometimes you can replace phrase "Banker's draft" with "Bill of exchange", this phrases are similar.