Translations for „drawee“ in the English » German Dictionary

drawee [ˌdrɔ:ˈi:, Am ˌdrɑ:-] N ECON

drawee

Trassat m spec

drawee

Bezogene(r) f(m)

drawee N FINMKT

Specialized Vocabulary

drawee (Name desjenigen, der bezahlen soll)

Bezogener m

drawee (Name desjenigen, der bezahlen soll)

Trassat m

Monolingual examples (not verified by PONS Editors)

English

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

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Where a cheque payable to order purports to be indorsed by or on behalf of the payee, the drawee is discharged by payment in due course.

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A drawee is answerable to the drawer.

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The place of commission of the offence would be the place where the drawee bank is located (and, consequently, where the cheque is dishonoured).

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The party upon whom the bill is drawn is called the drawee.

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A sahyog hundi passes from one hand to another till it reaches the final recipient, who, after reasonable enquiries, presents it to the drawee for acceptance of the payment.

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Such confirmation is called an acceptance the drawee accepts the order to pay as legitimate.

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In some cases, the payee will take the cheque to a branch of the drawee bank, and cash the cheque there.

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Truncation means, stopping the flow of the physical cheques issued by a drawer to the drawee branch.

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If the drawee is a bank, the acceptance is called a banker's acceptance.

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