单词 | account payee |
释义 | > as lemmasaccount payee d. account payee (also account payee only): (written or printed on the face of a crossed cheque) indicating that a cheque is not transferable and can only be paid into the account of the person to whom it is made payable.Not in North American use. ΚΠ 1889 Questions on Banking Pract. (Instit. of Bankers) (ed. 3) 54 A cheque to order is crossed within transverse lines ‘Account payee’. 1902 Accountant 18 Jan. 65/2 All cheques in payment of taxes should therefore be made payable to the Inland Revenue Commissioners, and crossed ‘Account payee only. Not negotiable’. 1948 Mod. Law Rev. 11 251 The discussion of the effect of marking a cheque ‘account payee’..overlooks the important contribution to this topic made by the late Sir John Paget. 1992 Mature Times Monthly Oct. 8/5 Cheques crossed and marked ‘Account Payee’ or ‘Account Payee only’ can only be paid into the account of the payee named on the cheque. 2005 A. G. Gordon & M. D. Chalmers Bills of Exchange, Cheques & Promissory Notes 765 It will ordinarily be negligent for a banker to collect, without inquiry, a cheque crossed ‘account payee’. < as lemmas |
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