Who is payee in cheque

In a cheque transaction, the payee is the specific individual, business, or organization to whom the payment is made. Their name is written on the "Pay to the order of" line. Key details regarding the payee include:

• The payee is the legal recipient authorized to cash or deposit the funds into their bank account.
• The payee must endorse the back of the cheque to complete the transaction.
• If "Cash" is written instead of a specific name, anyone holding the cheque becomes the payee.