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Business Services

Question
CBSEENBS11004165

What do you mean by crossing a cheque ? Write down the types of crossing.

Solution
 Crossing a cheque: Crossing a cheque means drawing two  transverse parallel lines across the cheque with or without writing “Accounts Payee” or “Not negotiable”.

Type of crossing : There is two types of crossing :
 (i) General crossing
 (ii) special crossing.
 In general crossing, we draw two parallel lines with or without writing. 'Accounts payee' or 'Not negotiable'. On the other hand in special crossing we write the name of a particular bank between the two transverse parallel lines.