व्यक्ती (किंवा बँक),

Noun:

मनी चेंजर,

drawee's Usage Examples:

cheque has to be presented to the drawee bank for payment.

deposits, which covers any service where a general corporation acts as a funds drawee that transfers current funds (i.

bank issues a demand draft to a client (drawer), directing another bank (drawee) or one of its own branches to pay a certain sum to the specified party.

and the drawer"s bank which promises to pay the money to the payee (the drawee).

needed] A bill of exchange or "draft" is a written order by the drawer to the drawee to pay money to the payee.

language, it is a written order from one party (the drawer) to another (the drawee) to pay a specified sum on demand or on a specified date to the drawer or.

government, “as drawee of commercial paper stands in no different light than any other drawee” and could recover on a check as a drawee from a person who.

to its bank, Citibank, for the purpose of collecting payment from the drawees, the Royal Bank of Canada.

a payee on the cheque, and signs it, ordering their bank, known as the drawee, to pay that person or company the amount of money stated.

The physical instrument is truncated at some point in route to the drawee branch and an electronic image.

In a case where the payee and drawee of a time draft are distinct parties, the payee may submit the draft to the drawee for confirmation that the draft.

The question is to whom the drawee may make the payment.

the final recipient, who, after reasonable enquiries, presents it to the drawee for acceptance of the payment.