Party to a financial transaction

• Bank in a check transaction
• Party to a financial exchange
• Bank from which a check is paid
• Party to a bill of exchange
• A participant in a bill-of-exchange transaction
• Bank, in a check transaction
• Financial transaction party

WordNet Word definitions in WordNet
n. the person (or bank) who is expected to pay a check or draft when it is presented for payment

Wiktionary Word definitions in Wiktionary
n. (context legal English) The party directed to pay the amount of a draft or cheque.