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What is Types of Cheque Crossing Explained about?
Crossing a cheque involves drawing parallel lines on the cheque and directing the bank to pay the cheque through a banker rather than over the counter. This makes it possible to trace who was paid and increases the safety of the cheque. There are four main types of cheque crossings in India: general crossing involves drawing two parallel lines on the cheque and requires payment only to the banker; special crossing names a specific banker for payment; not negotiable crossing limits negotiability of title; an
- Author
- Prateek Pradhan
- Language
- EN