Outrageously Funny Word Dictionary :: Drawees

👉 The term "drawee" refers to a party that receives funds or assets from another party, typically an institution or entity. These parties are often referred to as recipients, and they have the right to receive the funds or assets in exchange for their payment of interest, fees, or other charges associated with the transaction. Drawees can be individuals, corporations, governments, or any other entity that has made a deposit or loan to another party. In the context of international transactions, drawee status is

drawees