Question

Crossed cheque is very safe cheque.

• A. True
• B. False

Answer 1

The correct option is A True

True.

A cross cheque is safer as compared to a bearer cheque as it is crossed i.e, has two parallel lines either on the whole cheque or top left which tells the banker that it cannot be encashed over the counter. It has to be directly deposited in the bank account of the person who's name is written on the cheque.