Question

what is mean by crossing cheque Explain the rule off crossing cheque​

Answer 1

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Crossing of a cheque is nothing but instructing the banker to pay the specified sum through the banker only, i.e. the amount on the cheque has to be deposited directly to the bank account of the payee. If any cheque contains such an instruction, it is called a crossed cheque.

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$\implies$A cheque can be crossed generally, may be crossed specially by the holder.

$\implies$The Cheque holder has the right to add the words “not negotiable” to it.

$\implies$When an uncrossed cheque or a crossed cheque generally is sent to a banker for the collection, the person may cross it specially to himself.

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Answer 2

Answer:

a crossing is a direction to the paying bank to pay the money. generally to a bank or to a particular bank and when this has been done the whole purpose of the crossing has been served.