Assignor and Drawee: understand who is who and how the bill works

The bank slip is a widely used payment method in Brazil, whether for paying utility bills, purchasing products, or even making cash deposits. It's a document that represents a payment order, and in this process, there are two key elements: the payer and the payee.

With the growth of e-commerce in particular, the boleto payment option has grown even more, offering customers new purchasing options. And with the ease of issuing a boleto available to any individual, it's important to be mindful.

Therefore, in this article, we'll explain in detail what each of these elements is and how they relate to the payment process. This way, you'll understand all the details about your boleto and be able to pay more securely.

Follow along to learn more about the assignor and the drawee.

What is the bill payer?

The issuer of the bill is the person or company that issues the document, that is, the person offering the product or service and expecting to receive payment for it.

The person is responsible for providing the necessary data to issue the bill, such as the amount to be paid, the due date, the barcode, and the bank details to which the money will be directed.

It is important to highlight that the transferor can be either an individual or a legal entity, and must be duly registered with a financial institution to issue payment slips.

Furthermore, the person may be either the direct beneficiary of the payment or an intermediary, as is the case with companies that provide collection services to third parties.

What is withdrawn from the bill?

The payee of the boleto is the person or company responsible for making the payment. They are generally identified on the document by their name and CPF or CNPJ number. They are responsible for verifying the boleto data and making the payment by the due date.

Therefore, when you pay a bill (i.e., pay the payment order), you become the drawee of that document, the person who made the payment of the amount.

In practice, what is the difference between a transferor and a drawee?

The basic difference between the assignor and the drawee is that the former is the one who issues the bill and expects to receive payment, while the latter is the one who makes the payment. In other words, the assignor is the seller or provider of the service, and the drawee is the buyer or customer of that service.

Another important difference is that the payer is the one who provides the information necessary to issue the payment slip, while the payee must simply check the data and make the payment within the established deadline.

Furthermore, the payer is responsible for ensuring that the boleto is issued correctly and that the data is in accordance with the product or service offered, while the payee must verify that the amount and information are correct before making the payment.

For example, an internet company issues the bill (assignor) and the customer, the one who uses the company's internet, is the drawee.

What is the role of banks with the assignor and drawee?

Banks play a key role in the process of issuing and paying bank slips. They are responsible for registering payers and payees in their systems, verifying the accuracy of the information provided, and issuing slips with the correct data.

In addition, banks also have the role of processing payments made by drawees, directing the money to the payer's account and updating the payment status in both parties' systems.

In some cases, they may also offer additional services, such as automatic generation of payment slips and issuing duplicates for payees who have lost the original document.

Additionally, many banks allow invoices to be registered for direct debit, meaning payment is made directly to the payee's account.

Frequently asked questions on the subject

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