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Q: Does a payee make payment or receive payment?
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Will you receive Child support after death of payee?

In Missouri, the death of a payee is not grounds for non-payment, so they can file against his parents, regardless of age. But, you do get the SS death benefit.


What is the loan and advances?

loan is a type of debt . To make a payment before it is due to the payee


Does a payee makes the payment or receives the payment?

Receives. A payee is paid (an employee is employed). A payer pays (an employer employs).


What is Payee in banking transaction?

A payee is a person who will receive the funds.


On a promissory note the payee is the?

The payee is the one who will receive the money promised in the note.


What is a payee?

The payee is the one that receives a payment. On a check or money order, the payee is the person the check is made out to. This is the person who can cash the check, or deposit it into his account. On a promissory note he is the one who receives the money from the loan.


What is a loss payee?

Loss payee is a party to whom an insurance loss payment or insurance sattlement may be directly paid.


State the similarities between a cheque and bill of exchange?

Both of them are forms of payment. Both promise the receiver that they will receive money. There are three parties in both, the payee, the drawer, and the drawee.


What is Bank of America's loss payee clause?

The loss payee clause is part of the contract that states that of payment is made under the policy in relation to the insured risk, payment will be made to a third party. The payment will not go to the insured beneficiary of the policy.


When paying bills online a payee is?

Someone to whom you send a payment


What is meant by saying a proposed payment is correct?

That the payee and dollar amount are accurate, and payment has not already been made.


What is meant by saying a proposed payment is correct'?

That the payee and dollar amount are accurate, and payment has not already been made.