ব্যক্তি (বা ব্যাংক

Noun:

হুণ্ডিপ্রেরক,

drawee's Usage Examples:

bank issues a demand draft to a client (drawer), directing another bank (drawee) or one of its own branches to pay a certain sum to the specified party.

government, “as drawee of commercial paper stands in no different light than any other drawee” and could recover on a check as a drawee from a person who.

cheques issued by a drawer to the drawee branch.

The physical instrument is truncated at some point in route to the drawee branch and an electronic image.

In a case where the payee and drawee of a time draft are distinct parties, the payee may submit the draft to the drawee for confirmation that the draft.

a payee on the cheque, and signs it, ordering their bank, known as the drawee, to pay that person or company the amount of money stated.

needed] A bill of exchange or "draft" is a written order by the drawer to the drawee to pay money to the payee.

language, it is a written order from one party (the drawer) to another (the drawee) to pay a specified sum on demand or on a specified date to the drawer or.

cheque has to be presented to the drawee bank for payment.

Originally this was done by taking the cheque to the drawee bank, but as cheque usage increased.

A drawee is answerable to the drawer.

The question is to whom the drawee may make the payment.

Also, the acknowledgment of the drawee that binds the drawee to the terms of a draft.

deposits, which covers any service where a general corporation acts as a funds drawee that transfers current funds (i.

'walks' because they were cleared by being hand-delivered ("walked") to the drawee banks by messengers from the Clearing House.

the final recipient, who, after reasonable enquiries, presents it to the drawee for acceptance of the payment.

that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque.

NSF cheque are actions by financial institutions, civil liability to the drawee, and possible criminal penalties.

For purposes of clearance, the obligor is both maker and drawee.

and the drawer's bank which promises to pay the money to the payee (the drawee).

Documentary Bill: seller (drawer) draws a bill of exchange on the buyer (drawee) and attaches it to the bill of lading.

finality of payment: it forms part of the common law and that it prevents the drawee bank from recovering the paid proceeds of a forged cheque from anyone other.

Louis (the site of the drawee bank).

drawee's Meaning':

the person (or bank