【答案解析】① Application: The remitter applies to the bank for remittance by D/D. ② Issuing Demand Draft: The remitting bank issues the demand draft according to the remitter's instructions. ③ Sending Draft and Advice of Drawing: The remitter sends the draft to the payee and at the same time tile remitting bank sends tile advice of drawing to the paying bank instructing it to make the payment. ④ Presenting the Draft: The payee presents the draft to the paying bank. ⑤ Making Payment: The paying bank pays money to file payee.