A check involves three parties.The person directed to receive the money is called the

Name: A check involves three parties.The person directed to receive the money is called the
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

The person directed to receive the money is called the payee. The drawer is the person who writes the check, the drawee is the bank on which the check is drawn, and the endorser is someone who signs the back of the check to transfer ownership or to deposit it into their own account.

A Check Involves Three Parties