Payee

A payee is a person who presents a check to the bank and receives money.

If you fill in the name John Jones on a check, fill in the amount, say $100, and sign it, the bank will take $100 out of your account and give it to John Jones. We say John Jones is the Payee.

https://accounting.uworld.com/cpa-review/lc/accounting-dictionary/term/payee/