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| 1. |
difference between drawee and payee plz give me ans fast bcoz tomorrow is my accounts exam |
| Answer» The person who accepts the bill of exchange is the drawee The person who is going to receive the amount from drawee is payee.Note-The payee can be drawer(who has written the bill)himself ,bank,or the person with whome the bill was endorsed<br>Drawee is the purchaser and payee is to whom the cheque pay or endorsed | |