Keyword Analysis & Research: how drafting works

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Frequently Asked Questions

What is the draft and how does it work?

To put it simply, the draft is an event held every year in which all 32 teams are able to select eligible college players and sign them to contracts. The draft order is based on a team’s record in the previous season. The team with the worst record in the league earns the No. 1 pick in the draft, and so on.

How do automatic bank drafts work?

Automatic bank drafts are part of the electronic banking system, as automatic bank drafts permit two parties to exchange funds through a paperless process. No check or even a debit card is needed to complete the transfer.

What is a bank draft and how does it work?

A banker's draft is a check that is guaranteed by the bank to clear. To ensure that the check will clear, the bank effectively sets aside the funds in the issuer's account so they are not used for any other payments.

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