Economy, asked by Likhith5824, 8 months ago

What is crossed cheque ?

Answers

Answered by murtazamannu
5

CROSSED CHEQUE

A crossed cheque is a cheque that has been specifying am 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 Anonymous
13

Crossed Cheque :-

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 .

Hope it helps

Shreya

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