Business Studies, asked by preenu2020, 11 months ago

what is the difference between special crossing and not negotiable crossing?​

Answers

Answered by Itzalien19
25

In special crossing, the cheque bears across its face an addition of the banker's name, with or without the words 'not negotiable'. In this case, the paying banker will pay the amount of cheque only to the banker whose name appears in the crossing or to his collecting agent.

Answered by ItzCrazySoul
8

In special crossing, the cheque bears across its face an addition of the banker's name, with or without the words 'not negotiable'. In this case, the paying banker will pay the amount of cheque only to the banker whose name appears in the crossing or to his collecting agent.

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