1. The endorser is the payee before endorsement. The endorser is the payee after endorsement. That is, the endorser transfers the right of payment to the endorsee. Endorsement is the act of the holder signing the back of the bill and delivering it to the transferee. Here, the holder (the original payee) is called the endorser, and the transferee is called the endorsee (the payee after endorsement). The endorser is the debtor and needs to sign. The endorsee is the creditor. He won't sign it. He writes with a pen. Specifically, on a bill of exchange, the endorser stamped with the endorser's signature sample is the endorser, that is, the debtor who transfers the bill right.
2. The company or individual recorded in the column of "endorser" on the bill of exchange is the endorsee, that is, the person who enjoys the rights of the bill. Generally speaking, you are the spokesperson, and the next family is the spokesperson. The endorsee may exercise the right to collect the bill of exchange. A bill of exchange is a bill issued by the drawer asking the drawee to unconditionally pay a certain amount to the payee or holder at sight or within a certain period of time. Bill of exchange is the most widely used credit tool in international settlement.
3. Draft is one of the most common types of negotiable instruments. Article 19 of China's Bill of Exchange Law stipulates: "A bill is a bill that the drawer entrusts the drawee to unconditionally pay a certain amount to the payee or holder at sight or on the agreed date." This is an abandoned safety. There are at least three basic legal relationships between the drawer and the holder of a bill of exchange, and the drawee is entrusted to pay the holder. A bill of exchange is an unconditional payment commission, which has three parties: the drawer, the payer and the payee.
4. Drawer: a legal person, other organization or individual who draws a ticket and delivers it to others. The drawer shall bear the responsibility to the payee and the legal holder to ensure that the bill must be paid or accepted when presented for payment or acceptance. Usually it is an exporter, because the exporter pays the importer a payment bill at the same time or after exporting the goods or services.
Payer: "Payer", that is, the person who receives the payment instruction. In import and export business, it is usually an importer or a bank. Under the mode of payment, the payer is generally the buyer or debtor; Under the mode of payment by letter of credit, it is usually the issuing bank or its designated bank.
Payee; Also known as "bill payee", it refers to the person who receives the amount stated in the bill. In import and export business, it is usually filled in at the bank where the drawer submits the documents. The payee is the creditor of the bill, usually the seller and the payee.