Beverly Berta Braakschmack
You see, if you look at a remittance, it resembles a cheque. It seems to me that it is payable to your PERSON, not the other way around.
Debt Obligation in Bearer Form: Debt obligation � A fixed obligation to pay money or some other valuable consideration. Bearer form � An instrument is in bearer form if its terms say that it is payable to the bearer, or to cash, or if it does not indicate a payee.