Definition
The person or entity who writes and signs a cheque, instructing their bank to pay a specific amount to the payee.
Example
When you write a cheque from your account to pay a vendor, you are the drawer.
Glossary Term
Drawer
Letter D
Letter D
The person or entity who writes and signs a cheque, instructing their bank to pay a specific amount to the payee.
When you write a cheque from your account to pay a vendor, you are the drawer.