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Crossing is a direction to the ________ bank to pay the cheque to the payee through a bank.

  • Crossing is a direction to the Paying bank to pay the cheque to the payee through a bank.
  • Crossing a cheque is a direction to the paying bank to pay the amount of the cheque to the payee's bank account, rather than paying the amount in cash over the counter.
  • When a cheque is crossed, the paying bank is required to ensure that the funds are credited to the account of the payee at a bank and cannot be encashed at the counter.
  • There are two types of crossings: general crossing and special crossing.
  • A general crossing is made by drawing two parallel lines across the face of the cheque, without specifying the name of a bank. This means that the cheque can be deposited into any bank account.
  • A special crossing is made by drawing two parallel lines across the face of the cheque, along with the name of a particular bank. This means that the cheque can only be deposited into an account with that particular bank.