answersLogoWhite

0


Best Answer

When it comes to depositin a check, the drawer is the one writing or issuing the check.

User Avatar

Wiki User

โˆ™ 2013-11-22 15:52:07
This answer is:
User Avatar
Study guides

Economics

20 cards

How long does it take for a check to clear

Are chemicals safe

How could the federal reserve encourage banks to lend out more of their reserves

What is M2 today

โžก๏ธ
See all cards
4.26
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
112 Reviews

Add your answer:

Earn +20 pts
Q: Who is the Drawer when depositing a check?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is a drawer's bank?

The bank on which the check is drawn


Who is a drawer?

The person(s) issuing you the check.


What do you call a person who writes a check?

A drawer.


Can you use check leaf for depositing money?

Yes, under Core Banking Service, you can use check leaf for depositing money to an account of a person of the same bank in another branch.


What are the three parties to a check?

drawer, payee, and bank


Can your joint partner in an account endorse a check in your name before depositing it in your account?

no


Can you deposit a check made out to cash?

Yes we can make this by depositing the cheque in our account


When depositing a check you receive what do you need to write on the back of the check?

You write your name as it is spelled on the front of the check. This signifies that the check was intended for you, to cash or deposit.


Bad Check Notice?

Get StartedA person (or company) who writes a check is known as a "Drawer." The check gives the Drawer's bank permission to release the Drawer's money to whoever properly presents the check. If the Drawer's bank refuses to honor the check, then the Drawer may still owe the money. The person (or company) to whom money is owed must contact the Drawer to demand payment.This demand letter must precisely identify the check, including the amount, bank, check number, and the person to whom money is still owed. The letter must also mention any service charge imposed for bad checks.The letter should also say how the debt must be paid, because a check is probably not acceptable. If the Drawer has an account with the person to whom money is owed, then the letter should also say whether the amount of the debt has been added to the account.


Do you have a diagram i can see?

Ya check the bottom drawer@Probe =_= its not there.


Who is a drawer in a check?

the person making out a cheque and using it for payments


Can your husband endorse your check before depositing it into your joint account?

it depends on what kind of a husband he is.

People also asked