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let me know the meaning of Drawer,Drawee and payee of the
cheque
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Answer Posted / aadi
Drawer:-It is the party,who draws the bill.Drawer must be the creditor.He may either be a seller of goods or lender of money.
Drawee:-Drawee is the person or the party who has to make the payment or who accepts to make the payment.
| Is This Answer Correct ? | 21 Yes | 28 No |
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