A crossed cheque indicates the amount should be deposited into the payees account and cannot be cashed by the bank over the counter. Here in the image, number#2, you can see two cross-lines on the left side corner of the cheque that indicates crossed cheque.

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A crossed cheque indicates that the amount should be deposited into the payee's account and cannot be cashed over the counter.

  • Crossed cheques have two parallel lines on the top left corner.

  • The payee's...read more

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Canara Bank Banking Operations Interview Questions
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