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Finance party rolesgrouping · 10

Members (10)

LabelNotationDefinition
Account HolderaccountHolderParty that holds a financial account.
ApplicantapplicantParty applying for a documentary credit.
BeneficiarybeneficiaryParty in whose favour a credit or payment is made.
DraweedraweeParty on which a bill of exchange is drawn.
DrawerdrawerParty that draws (issues) a bill of exchange.
GuarantorguarantorParty providing a guarantee or surety.
InsuredinsuredParty covered by an insurance policy.
InsurerinsurerParty providing insurance cover.
PayeepayeeParty receiving a payment.
PayerpayerParty making a payment.
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