let me know the meaning of Drawer,Drawee and payee of the
cheque

Answer Posted / nisha

Drawer:- who person have a right that receive amt.form
another person and write bill for own debtors. drawer
signature on bill of exchange

Drawee:- who's person acceptor bill of exchange. That
person do payment for bill exchange.

Payee:-which person receive amt. of bill of exchange who
celled payee.

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