on a bank; signed by an officer or employee of the bank on behalf of the bank as drawer; a direct obligation of the bank; and provided to a customer of the bank or acquired from the bank for remittance purposes. Under English law a banker's draft is not a bill of exchange because it is not drawn on a third party (it is drawn on the bank itself). See also Bearer bond References Cheques it:Assegno#Gli assegni circolari