Payer

1. Remittances.

A party that makes a payment, or from whose account the amount of the payment is deducted.

2. Cheques.

The party that issues a cheque.

Sometimes spelt 'payor'.

See also

• Account
• Cheque (US: check)
• Fixed rate payer
• Floating rate payer
• Payee
• Payer authentication
• Payments and payment systems
• Remittance