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Do You Know What Is ‘crossed Cheque'? |
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Answer» A CROSSED CHEQUE indicates the AMOUNT should be deposited into the payees ACCOUNT and cannot be cashed by the bank over the counter. Here in the image, number#2, you can see TWO cross-lines on the left side corner of the cheque that indicates crossed cheque. A crossed cheque indicates the amount should be deposited into the payees account and cannot be cashed by the bank over the counter. Here in the image, number#2, you can see two cross-lines on the left side corner of the cheque that indicates crossed cheque. |
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