As per advice

Updated: Aug 20, 2021

If these words are written on a bill of exchange it is an indication that the drawee has been notified that the bill has been drawn on him.

Reference: The Penguin Business Dictionary, 3rd edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.