Special Crossing: A cheque in which the name of the banker is written, across the face of the cheque in between the two transverse parallel lines, with or without using the word ‘not negotiable’. This type of crossing is called a special crossing.

May 29, 2024 · Crossing a cheque involves drawing two parallel lines on its top left corner, restricting its encashment to bank accounts. General crossing means adding lines with or without "and company," while special crossing specifies a banker's name.

Special Cheque Crossing. 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 …

May 28, 2024 · There are four types of cheque crossings are: General Crossing, Special Crossing, Account Payee Crossing, and Not Negotiable Crossing. Can Cheque Be Deposited in any Bank? It all depends on the type of the crossing.

What is Special Crossing Cheque? A special crossing cheque is the most frequent kind of crossing cheque, which clearly writes a specific name of a bank between the two running parallel lines. This type of crossing is specifically intended to …

Jul 19, 2024 · The main types of cheque crossings are general crossing, special crossing, account payee crossing, and not negotiable crossing. Each provides different levels of security and specific instructions for processing the cheque.

Learn about the types of cheque crossing, including general crossing, special crossing, and account payee, to ensure secure financial transactions.

Mar 31, 2020 · Special Crossing. A cheque is deemed to be specially crossed when in the parallel transverse lines in a cheque the name of the banker is written with or without the words “not negotiable“. In a special crossing, the paying banker will pay the sum only to the banker whose name is stated in the cheque or to his agent.

Sep 16, 2018 · When a cheque has been specially crossed, the banker upon whom it has been drawn will make the payment only to that banker in whose favour it has been crossed. The name of a banker must be necessarily specific across the face of the cheque. The name of the banker itself constitutes special crossing.

Jan 7, 2025 · Learn all about cheque crossing, its types, and its importance in securing transactions. Understand General, Special, Restrictive, and Non-Negotiable crossings for safer banking practices.