Business Studies, asked by maheshwarikeerthipri, 10 months ago

define crossing cheque​

Answers

Answered by Manulal857
3

Answer:

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A crossed cheque is a cheque that has been marked specifying an instruction on the way it is to be redeemed. A common instruction is for the cheque to be deposited directly to an account with a bank and not to be immediately cashed by the holder over the bank counter.

Answered by NithyaBhanuPrakash
1

Answer:

A crossed check is any check that is crossed with two parallel lines, either across the whole check or through the top left-hand corner of the check. This double-line notation signifies that the check may only be deposited directly into a bank account

Explanation:

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