Crossings of Cheques

Crossings means drawing two parallels line across the cheque. What effect it creates? Cheque no longer remains payable to bearer. A crossed cheque can be made bearer cheque by cancelling the crossing and writing that the crossing is cancelled and affixing the full signature of drawer. Crossings are of two type (i) General Crossing (ii) Special crossing.

General crossing means:

(a)    There are two transverse parallel lines, marked across its face.

(b)   The cheque bears an abbreviation “& Co. “between the two parallel lines

(c)    The cheque bears the words “Not Negotiable” between the two parallel lines

(d)   The cheque bears the words “A/c. Payee” between the two parallel lines.

Specimen of General Crossing

 

Special Crossing or restrictive crossing means:

When a particular bank’s name is written in between the two parallel lines the cheque is said to be specially crossed. The payment of such cheque is not made unless the bank named in crossing is presenting the cheque. The effect of special crossing is that the bank makes payment only to the banker whose name is written in the crossing.

 

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