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let me know the meaning of Drawer,Drawee and payee of the
cheque
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Answer Posted / surendra araveti
drawer : a drawer is the person who has an account in the bank and draws a cheque for payment
drawee : a drawee a person on whom the cheque is drawn.. he is liable to pay the amount
payee : a payee is the person to whom the amount stated in the cheque is payable ...
| Is This Answer Correct ? | 171 Yes | 42 No |
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