If a bank draft is lost, stolen, or destroyed, the customer who purchased the draft should contact their bank immediately to report the loss and request a stop payment on the draft. The bank will then initiate an investigation to locate the missing draft and prevent it from being cashed or deposited.

If the draft cannot be located or is unrecoverable, the customer can request that the bank issue a duplicate draft to replace the lost or destroyed one. The customer will typically be required to fill out a form or provide a written request to the bank, along with any necessary fees or documentation.

To issue a duplicate draft, the bank will typically require the customer to provide certain information such as the original draft number, the name of the payee, and the amount of the payment. The bank may also require additional verification or documentation to ensure that the request is legitimate and to protect against fraud.

Once the bank has verified the request and confirmed that the original draft has been lost or destroyed, they will issue a new draft to replace the lost one. The new draft will typically include a notation or stamp indicating that it is a duplicate, to prevent any confusion or potential for fraud.

It is important for customers to take care when handling bank drafts and to report any losses or issues promptly to their bank. This can help to minimize the risk of fraud or financial loss and ensure that payments are processed in a timely and secure manner.