Searching for "‘Crossed"

Q:

What is ‘Crossed Cheque’ ?

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.


 

Report Error

View answer Workspace Report Error Discuss

Subject: Bank Interview