XYZ Bank of Commerce PLC is the drawee in a transaction. The term "drawee" refers to a bank or financial institution that is responsible for paying a check or draft when it is presented for payment. In other words, the drawee is the bank that holds the account to which the check or draft is written and is responsible for paying the amount specified on the check or draft. In the context of XYZ Bank of Commerce PLC, it would be the bank that would be responsible for paying out funds to the payee if a check or draft was written to them.