A c Payee Only Office Self Inking Rubber Stamp SH-5093
The bank is usually the drawee, and the drawer instructs the bank to draw the amount. A payee is the person or entity to whom the final payment is made, and his/her/its name appears on the cheque. As a result, in the case of an account payee cheque, payment shall be done only by depositing it into the payee’s account.…
