- presented to the drawee
- dem Bezogenen vorgelegt
First banking dictionary. Winfried Honig. 2014.
presented to the drawee
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drawee — The party to whom a check or draft is written. Also called payee. American Banker Glossary The party who is directed to pay as specified in a draft. Bloomberg Financial Dictionary * * * drawee draw‧ee [ˌdrɔːˈiː ǁ ˌdrɒː ] noun [countable] BANKING … Financial and business terms
drawee — The person upon whom a draft or bill of exchange is drawn; the person to whom the paper is presented for acceptance and payment. drawer. The maker of a draft or bill of exchange … Ballentine's law dictionary
Drawee — An ISO term. The party on whom a document or payment order is drawn. a. ISO Collection Order Form term. The party to whom the documents are presented for payment. 4*35x. Field number 52s in a SWIFT transfer … International financial encyclopaedia
Cheque truncation — (check truncation in the United States) is the conversion of physical cheque into electronic form for transmission to the paying bank. Cheque truncation eliminates cumbersome physical presentation of the cheque and saves time and processing costs … Wikipedia
Transit Item — Any check or draft that is issued by an institution other than the bank where it was initially deposited. Transit items are separated from checks that were written by a bank s own customers. They are submitted to the drawee bank through either… … Investment dictionary
protest — Instructions given to a collecting bank that drafts falling due for payment are to be formally presented to the drawee by a notary, who is to formally record any default. Bloomberg Financial Dictionary * * * ▪ I. protest pro‧test 2 [prəˈtest]… … Financial and business terms
acceptance — The taking and receiving of anything in good part, and as it were a tacit agreement to a preceding act, which might have been defeated or avoided if such acceptance had not been made. The act of a person to whom a thing is offered or tendered by… … Black's law dictionary
acceptance — The taking and receiving of anything in good part, and as it were a tacit agreement to a preceding act, which might have been defeated or avoided if such acceptance had not been made. The act of a person to whom a thing is offered or tendered by… … Black's law dictionary
acceptance of bill of exchange — The drawee s signed engagement to honor the bill as presented; the signification by the drawee of his assent to the order of the drawer and his agreement to pay the bill when it falls due. 11 Am J2d B & N § 500. The contract of the acceptor, by… … Ballentine's law dictionary
presentment for acceptance — The presenting of a bill of exchange to the drawee therein named for his acceptance and agreement to pay the bill, usually at some time in the future. 11 Am J2d B & N § 730. Any act which amounts to a notification of the holding of a bill of… … Ballentine's law dictionary
after sight — The words used in a bill of exchange to indicate that the period of the bill should commence from the date on which the drawee is presented with it for acceptance, i.e. has sight of it. Compare: after date, at sight … Accounting dictionary
