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let me know the meaning of Drawer,Drawee and payee of the
cheque
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Answer Posted / megablotter
Drawer is the person who pays the money for products or
services he/she has availed.
Payee is the person who has provided the services or
products to the drawer for which he is getting paid.
Drawee is the bank or financial institution through which
the money is paid.
| Is This Answer Correct ? | 525 Yes | 91 No |
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