Crossed cheque - SS2 Commerce Past Questions and Answers - page 1

It can be cashed directly at the counter

It can only be deposited into a bank account

It is invalid and cannot be used for payment

General crossing allows cashing at any bank, while special crossing is restricted to a specific bank.

General crossing restricts payment to a specific bank, while special crossing allows cashing at any bank.

General crossing requires the cheque to be deposited in a specific bank, while special crossing allows cashing at any bank.

It can only be deposited into a bank account.

It is invalid and cannot be used for payment.

It can only be deposited into a bank account.

The cheque can only be deposited into a bank account.

The cheque should be deposited in a specific bank mentioned.

The cheque can be cashed at any bank branch.

To make it easier to cash the cheque at any bank branch.

To restrict payment to a specific bank.

To make the cheque invalid and unusable.