The drawer, one of the parties involved with a check, is the individual who wrote the check and signed his or her name on the check's signature line, as stated by the Duhaime site, an organization that helps users understand legal terminology. Drawers are the people who have permission to release money from the account from which the check is drawn.Continue Reading
The payee is the second party associated with a check. This is the person or company that the check is made payable to; the name is found on the "pay to the order of" line. Only the payee has the ability to cash or negotiate the check.
A drawee or payee bank is the third party connected with a check. This is the financial institution that holds the account from which the check is drawn.Learn more about Bank Accounts