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2 Answers
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- Answered By Debita Singh
- Answer: 1 month ago
The term paying banker refers to the drawee banker who pays the amount of cheques to his customer. The paying banker is defined as the “banker to whom the order is made to pay, where the order is issu...
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- Answered By Priya Sahu
- Answer: 1 month ago
Ans: A paying banker is a banker who honors and pays checks or other payment orders drawn on them by their customers.In other words, when a check is presented to a bank for payment, the paying banker...
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