The ____ agrees to make the payment, such as the bank making a payment based on a document presented to it.

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The drawee is the party that agrees to make the payment, such as a bank that agrees to pay based on a presented document. The drawer initiates the payment, the payee receives the payment, the checker verifies or reviews the payment, and the beneficiary is the party who ultimately benefits from the payment.

The ____ Agrees to Make the Payment, Such as the Bank