What is the meaning of restrictive crossing of cheque?
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Restrictive or special crossings. Where some customary instruction is written between the two parallel transverse lines (constituting crossing of cheque) that may result in imposing certain restrictions on the collecting or paying banker, it is called restrictive crossing.
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Restrictive crossing Cheque :-
♥ Where some customary instruction is written between the two parallel transverse lines that may result in imposing certain restrictions on the collecting or paying banker .
♥ For eg. " The State Bank Of India " Will be written in between the two parallel transverse lines .
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Shreya ❤
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