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A box or drawer for money?

Updated: 9/16/2023
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12y ago

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the answer for this question is till.

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Q: A box or drawer for money?
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A box or drawer where money is kept?

till


What is a drawer for keeping money?

till


Whats is money order issuer or drawer?

The issuer of the order is the drawer, while the drawee is the person whom the drawer "pays to the order of" (Order receiver).


What does refer to drawer mean?

It usually means that when you cashed a check it was not honored because the person did not have enough money in their account to cover the check. You should get with the person that wrote you the check to get your money by some other means.


Can a drawee to a bill of exchange be the payee?

No,drawee is the person upon whom the bill the exchange is drawn. in general debtor is the drawee.drawer is the peson who sold the goods on credit. drawer make the bill of exchange upon the debtor.payee is the peson to whom the drawee make the payment according to the condition mention in the bill.drawer and payee may be the same person or different if the has been endorse to the creditor or discounted from the bank.___________________________________________________________________BILLS OF EXCHANGE IS AN INSTRUMENT IN WRITING,CONTAINING AN UNCODITIONAL ORDER,SIGN BY THE MAKER/DRAWER,DIRECTIONG A PERSON TO PAY A CERTAIN AMOUNT OF MONEY ONLY TO , OR TO THE ORDER OF A CERTAIN PERSON OR THE BEARER OF THE INSTRUMENT.IT IS GENERALLY DRAWN UPON A DEBTOR BY THE CREDITOR.THE DEBTOR HAS TO PAY THYE MONEY AFTER A FIXED DURATION OF TIME ONLY WHICH IS KNOWN AS MATURITY OF BILL.THREE PARTIES ARE INVOLVE IN THISONE IS THE DRAWER OR THE MAKER/SELLER OF THE BILL OF EXCHANGE WHO DRAW THE BILO UPON HIS DEBTOR.SECOND IS THE DRAWEE OR DEBTOR/PURCHASER UPON WHOM THE BILL OF EXCHANGE IS DRAWN.THIRD THE PAYEE THE PERSON TO WHOM THE PAYMENT HAS TO BE MADE.IF THE DRAWER KEEP THE BILL TILL THE MATURITY AND RECEIVE THE PAYMENT FROM THE DRAWEE HE HIMSELF IS THE PAYEE.PAYEE AND DRAWER ARE DIFFERENT IF1 THE DRAWER DISCOUNT THE BILL FROM HIS BANK(MEANS THAT IF THE BELL HAS BEEN DRAWN FOR THREE MONTHS AND THE DRAWER NEED THE MONEY IN BETWEEN HE MAY ENCASH THE BILL FROM THE BANK. BANK AFTER DEDUCTING SOME INTEREST GIVE THE REMAING AMOUNT TO THE DRAWER) OR2 DRAWER TRANSFER THE BILL TO HIS CREDITOR WHICH IS KNOWN AS ENDORSMENT OF BILL.IN CASE OF ANY OR BOTH OF THE ABOVE CONDITION THE PAYEE AND THE DRAWER ARE DIFFERNT EITHER THE BANK OR CREDITOR TO WHOM THE DRAWEE HAS TO MAKE THE PAYEMENT