What Is The Difference Between An Open Cheque And Crossed Cheque?

1.	What Is The Difference Between An Open Cheque And Crossed Cheque?
Answer» Payment of an OPEN cheque is DONE to the payee / bearer or endorsee, where as a CROSSED cheque is to be PUT through an account. Payment of an open cheque is done to the payee / bearer or endorsee, where as a crossed cheque is to be put through an account.

Answer»

Payment of an OPEN cheque is DONE to the payee / bearer or endorsee, where as a CROSSED cheque is to be PUT through an account.

Payment of an open cheque is done to the payee / bearer or endorsee, where as a crossed cheque is to be put through an account.

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