Banking knowledge
Showing posts with label
Parties of cheque
.
Show all posts
Showing posts with label
Parties of cheque
.
Show all posts
Saturday, March 25, 2017
What are the parties of Cheque ?
Answer:
Drawer
: Drawer is the account holder
Drawee:
Drawee is the bank who is to pay the money
Payee
: Payee is the beneficiary who is to receive the money.
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