Business Studies, asked by hira34286, 4 months ago

write the aims of crossing cheque? who can cross a cheque? (short answer) ​

Answers

Answered by DeepakSainiTlk
0

Answer:

Objective of Crossing

Crossing affords security and protection to the true owner since payment of such a cheque has to be made through a banker. ... Holder of a crossed cheque, who has no account in any bank, can obtain payment by endorsing it in favor of some person who has got an account in a bank.

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