In finance, the term drawer denotes a person or entity which writes a promissory note or bill of exchange such as a check, letter of credit, or account draft.
Through the created document, the drawer instructs another party – the drawee – to deliver asset to a third party – the payee.
A person makes out a check to a merchant, for example, is a drawer. The bank which transfers the money from the drawers account to the merchant as instructed by the check is the drawee, and the merchant who receives the money is the payee.
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