Where a cheque bears across its face in addition to the name of the banker either with or without the words or the words ‘not negotiable, then the cheque is said to have been crossed specially. A crossed cheque is a cheque that has been marked specifying an instruction on the way it is to be redeemed. Crossing of cheque 1. Special Crossing. In addition to general or special crossing, a cheque may contain various remarks written on it, the effect of which is to restrict payment in certain ways. Types of cheque crossing are General Crossing, Special Crossing and Restrictive Crossing. Special Crossing; A special crossing consists of the name of a particular bank written across the face of the cheque. This crossing can be general, special, or restricted. General Crossing – It is a cheque which bears across its face two parallel transverse lines without any words as (‘and company’ ‘or & Co.’) written in between these two lines. Google Images. There no minimum requirement for amount of money that can be put inside the cheque. A cheque is deemed to be specially crossed when in the parallel transverse lines in a cheque the name of the banker is written with or without the words “not negotiable“. In case of ‘account payee’ only crossing, a direction is given to the collecting banker to collect cheque and to place the amount to the credit of the payee only. A cheque crossed specially will be paid only when it is presented for collection by the bank named between the parallel lines. The most comprehensive image search on the web. In a special crossing, the paying banker will pay the sum only to the banker whose name is stated in the cheque or to his agent. 2) Special Crossing Where a cheque bears across its face an addition of the name of a banker with or without the words, “not negotiable”, that addition constitutes a crossing, and the cheque is crossed specially and to the banker. But most of the time people use a cheque to make a huge transection that is more that RM1000. For Special Crossing- A cheque crossed in particular should only be paid to the banker to whom it is crossed or who is a collection agent. For Second Special Crossing- Sec. The object of special crossing is to direct the banker to pay the cheque only if it is presented through the particular bank mentioned. A common instruction is for the cheque to be deposited directly to an account with a bank and not to be immediately cashed by the holder over the bank counter. 2. Cheque being use as replacement for money. The drawer of the Cheque can cross the cheque at the time of writing the cheque. 127 of the Negotiable Instruments Act, 1881 , allows the banker who would act as the agent of the first banker to collect a second special crossing. A ‘Cheque’ is a ‘bill of exchange’ drawn on a specified banker and not expressed to be payable otherwise than on demand .It includes the electronic image of a truncated cheque and a cheque in the electronic form. Crossing of a cheque is done to make the cheque more secure and not easily prone to misuse. A special crossing makes the cheque more safe than a general crossing because the payee or holder cannot receive payment except through the banker named on the cheque. Such crossing affords a greater measure of protection against loss.
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