Answer:
A check on which the drawer, drawee (bank), and payee are three separate parties. Another way to put it is to say the check is not payable to the drawer him- or herself.
First published on BankersOnline.com 1/5/04
A check on which the drawer, drawee (bank), and payee are three separate parties. Another way to put it is to say the check is not payable to the drawer him- or herself.
First published on BankersOnline.com 1/5/04