Business Studies, asked by sarazeb8989, 1 year ago

Describe special crossing...(brief)

Answers

Answered by supergirl18
4

Special Crossing: It is a cheque in which the name of the bank is written between the two parallel lines and hence it can be paid to that specific banker only. Inclusion of the name of a banker is essential in special crossing . Special Crossing can never be converted to General Crossing.


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Answered by tanu69
2

Spacial crossing is used in order to further restrict the negotiability of the cheque . If two parallel lines are drown across the cheque with the name of bank the line are called spacial crossing...

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