Examlex
Identify some of the inefficiencies of bureaucracies.
Drawer
The person or entity that writes and signs a check or draft, instructing the drawee (usually a bank) to pay the specified sum to the payee.
Payee
The individual or entity entitled to receive payment in a transaction.
Electronic Banking
The use of computer networks and digital technologies to conduct financial transactions and access banking services.
On-us Item
A check or draft that is drawn on the same bank or one of its branches where it is being presented for payment.
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