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Definitions from the Web

Payee (noun) - Dictionary Definition

The payee of a cheque is the recipient or individual to whom a cheque is made payable.

Senses of Payee:

1. The person or entity named to receive payment on a cheque or other financial instrument.

Sample Sentences:

1. Make sure to write the correct name of the payee on the cheque before presenting it for payment.
2. The payee must provide a valid identification to cash the cheque.
3. As a payee, it is important to endorse the cheque on the back before depositing it into your bank account.

Possible related products on Amazon:

• Chequebook
• Cheque Register
• Check Security Envelopes