Question

Answer the following question in one sentence each.
State the meaning of crossed cheque.

Answer 1

A crossed cheque is one which has two parallel lines drawn on the face of the cheque at the left hand corner. The important advantage of crossing the cheque is that it reduces the risk of unauthorised person to get the payment of such cheque as a crossed cheque is only cashed through bank of which the payee of the crossed cheque is a customer.