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Two parallel transfers lines across the cheque is called _______.

  • Two parallel transfers lines across the cheque is called Crossing.
  • In banking, crossing refers to the drawing of two parallel lines across the face of a cheque.
  • These lines are drawn either with a pen or a perforating machine, and they indicate that the cheque can only be deposited into a bank account and cannot be cashed over 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, and not just the account of the payee's bank.
  • A special crossing, on the other hand, 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.