Tags Repossession

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Business>Finance

Does a payee make payment or receive payment?

Anonymous

∙ 12y ago

Updated: 9/21/2023

receive

Wiki User

∙ 12y ago

Still curious? Ask our experts.

Chat with our AI personalities

Rene

Change my mind. I dare you.

Chat with Rene

Beau

You're doing better than you think!

Chat with Beau

Ezra

Faith is not about having all the answers, but learning to ask the right questions.

Chat with Ezra

Add your answer:

Earn +20 pts

Q: Does a payee make payment or receive payment?

Write your answer...

Submit

Still have questions?

imp

Continue Learning about Finance

What is the loan and advances?

loan is a type of debt . To make a payment before it is due to the payee

Does a payee makes the payment or receives the payment?

Receives. A payee is paid (an employee is employed). A payer pays (an employer employs).

What is a loss payee?

Loss payee is a party to whom an insurance loss payment or insurance sattlement may be directly paid.

What should I do if I receive a Zelle returned payment?

If you receive a Zelle returned payment, you should contact the sender to resolve the issue. It could be due to incorrect information or insufficient funds. Make sure to verify the payment details and address any issues with the sender to successfully receive the payment.

How can I get my stimulus payment?

To receive your stimulus payment, make sure you have filed your taxes and provided your direct deposit information to the IRS. If you haven't done so, you can check the IRS website for updates on when and how you will receive your payment.

Trending Questions

Can you provide a simple explanation of stock options for dummies? What is the meaning of merger and acquisition? Is the construction industry a secondary industry or a tertiary industry? The lek is a currency used in country? What is DLF Cybercity and DLF Cyber Hub? What is difference between loan and debt? What are the responsibilities and requirements for two jobs w4? What Qualifies As Proof Of Ownership? How can one make money without an ID? Where could one find lines of fixed rate home equity loans? Sbi behror's branch code no? What is the phone number for first USA bank westerville oh? How much is one yocash worth in coins at 2012? Roll over your Ira Traditional to another bank? How much is 47 dollars in rupees? 1922 Liberty dollar worth? Can a collection agency still add interest to a charge off? What do you understand by cost of capital? Where can one find information on applicable federal rate? How much is 200 million dollar in Indian rupees?

Related Questions

Will you receive Child support after death of payee?

In Missouri, the death of a payee is not grounds for non-payment, so they can file against his parents, regardless of age. But, you do get the SS death benefit.

What is the loan and advances?

loan is a type of debt . To make a payment before it is due to the payee

Does a payee makes the payment or receives the payment?

Receives. A payee is paid (an employee is employed). A payer pays (an employer employs).

What is Payee in banking transaction?

A payee is a person who will receive the funds.

On a promissory note the payee is the?

The payee is the one who will receive the money promised in the note.

What is a payee?

The payee is the one that receives a payment. On a check or money order, the payee is the person the check is made out to. This is the person who can cash the check, or deposit it into his account. On a promissory note he is the one who receives the money from the loan.

What is a loss payee?

Loss payee is a party to whom an insurance loss payment or insurance sattlement may be directly paid.

State the similarities between a cheque and bill of exchange?

Both of them are forms of payment. Both promise the receiver that they will receive money. There are three parties in both, the payee, the drawer, and the drawee.

In the ePay function how can you make a?

In the ePay function, you can set up a bill payment by entering the payee information, the amount to be paid, and the payment date. Once you have entered all the required details, you can submit the payment for processing.

What is Bank of America's loss payee clause?

The loss payee clause is part of the contract that states that of payment is made under the policy in relation to the insured risk, payment will be made to a third party. The payment will not go to the insured beneficiary of the policy.

When paying bills online a payee is?

Someone to whom you send a payment

What is meant by saying a proposed payment is correct'?

That the payee and dollar amount are accurate, and payment has not already been made.

Still have questions?

imp

Resources

Top Categories

Product

Company

Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.