let me know the meaning of Drawer,Drawee and payee of the
cheque
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Answer Posted / vinay kushaal
Drawer:who writes and grants credit for whom bill of exchange is drawn.
Drawee:whom the bill of exchange is drawn ge is the person who is granted credit
Payee:he is the person named in bills of exchange to whom the amount is paid
PAYEE MAY BE THE DRAWER AND VICE VERSA
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