Meaning of drawer and drawee of cheque?

1 answer

Answer

1015476

2026-04-17 00:25

+ Follow

The DRAWER is the individual who issues the cheque, instructing the bank (DRAWEE) to pay the recipient (PAYEE).

Drawer and payee can be the same person if it is a self cheque.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.