Draft

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Revision as of 16:16, 29 November 2014 by Doug Williamson (Talk | contribs) (Linked to The Treasurers Handbook - Payments and payment systems)

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Documentation.

A written order from one party (the drawer) to another (the drawee) to pay a party identified on the order (payee) or the bearer a specified sum, either on demand (sight draft) or on a specified date (time draft).


See also