drawee

listen to the pronunciation of drawee
English - English
The party directed to pay the amount of a draft or check
{n} one on whom a bill is drawn
The drawee is the bank on which the cheque is drawn
One ordered to pay the check
The person owing the money (the buyer)
The person on whom an order or bill of exchange is drawn; the correlative of drawer
The individual or firm on whom a draft is drawn and who owes the stated amount The Drawer receives payment
One on whom a draft is drawn, and who owes the stated amount See "Draft "
Party to whom a draft is addressed and from whom payment is demanded, or, in a documentary collection with no draft, party from whom payment is requested in exchange for delivery of documents
The bank on which a check is drawn
the individual or firm that owes the stated amount on a draft
The person on whom a bill of exchange or a draft is drawn
the person (or bank) who is expected to pay a check or draft when it is presented for payment
the party to whom a check or draft is written
The individual or firm on whom a draft is drawn and who owes the stated amount to the drawer
Party on whom a bill of exchange is drawn, i e who is required to make payment In the context of collections, usually the buyer In letters of credit, the drawee is usually a bank
The person or entity on whom a draft is drawn by the drawer
The individual or firm on whom a draft is drawn and who owes the indicated amount
The party to whom the drawer issues instructions to make payment IN the case of checks, the drawee is a bank or other financial institution
The individual or firm on whom a draft is drawn and who owes the stated amount Compare Drawer Also see Draft
The person, bank, or corporation on whom a bill, note or cheque is drawn from and from whom payment is expected by the payee or his assignee
{i} person from whom money is taken to pay another
deponent
drawees
plural of drawee
drawee
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