drawee

• Persona o entidad, generalmente un banco, sobre la que se gira un cheque o una letra de cambio y que está obligada a pagarla cuando se presenta para su cobro.

A noun referring to the person or institution, typically a bank, that is obligated to pay a check or draft upon its presentation for payment.

1. Person or bank obligated to payC1formallegal

   The individual or financial institution that is required to pay the amount specified on a check or draft when it is presented for payment.

   Librado

   • The bank acted as the drawee and honored the check.
   • The drawee must verify the signature before processing the payment.
   • If the drawee refuses to pay, the drawer may face legal action.

   Sinónimospayer

   Antónimosdrawerpayee