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 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 can be cashed at any bank branch.
To make it easier to cash the cheque at any bank branch.
To make the cheque invalid and unusable.
What is the purpose of crossing a cheque?
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