Type of crossings
(i) General crossing: a general crossing is one which consists of two parallel transverse
lines on the face of the cheque with or without the words, “and company.” “a/c
payee”.
(ii) Special Crossing: consist of two parallel transverse lines on the face of the
cheque with the name of the banker in between.
(iii) Account payee: this crossing consists in addition to the general or special
crossing,the words “account payee” or account payee only or account x only: such
crossings are direction to the banker collecting payment that the proceeds when collected
are to be credited to the account of the payee named on the face of the cheque.
(iv) Not negotiable: these are words that a holder may add to a cheque crossed generally
or specially.
maurice.mutuku answered the question on May 3, 2018 at 06:00
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