Comparative law notes
Defined in Article 2(4) of Regulation (EU) No 260/2012 as a natural or legal person who holds a payment account and who is the intended recipient of funds which have been the subject of a payment transaction.
There are multiple definitions - click on the translation that matches your context.
- betalingsmottager
- betalingsmottaker
- vekseltaker
- vekseltager
- adressat
payee means:
betalingsmottaker
substantiv
full
payee
noun
Definitions of payee
the person to whom money or a note is paid or is to be paid
Plaintiff contends that the checks at issue were made payable to fictitious payees.