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a. Simple Crossing
A simple crossing, also called general
crossing, is the one, in which the crossing is made
across the face of the cheque with or without the
words `& Co.’, `A/c Payee Only’ etc. but does not
mention the name of the collecting bank. In the
above example, the first three crossings are simple Simple cross cheque
crossing.

b. Special Crossing
The special crossing is the one in which
the name of the collecting bank is mentioned in
between the two parallel lines with or without the
words ‘& Co.’, ‘A/c Payee only’, ‘Not Negotiable’,
etc. In such a case, the drawee bank should pay the
amount only to the bank mentioned in the crossing Order cheque
and not to any other banks. Generally, the payee
bank asks the drawer to mention the name of his bank in the crossing. In the above figure,
the second four crossings are the special crossing.

Points to Remember

i. Bearer cheque ii. Order cheque iii. Cross cheque
a. Simple crossing b. Special crossing

19. Computerised Payment System of Bank
Computerised System has brought the revolution in the banking system. Nowadays,
most of the banking transactions are performed through computerised system. A
customer can deposit and withdraw amount from any branch of the bank. Bank collects
all the information, maintains the account of different branches with the help of the
computerised network system. There is computerised network between different banks
as well. This helps the customers to withdraw money by using ATM card of a bank from
the ATM of branch or another bank. For example, by using ATM card of Himalayan Bank
one can get amount from the ATM of Nabil Bank. Similarly, the customer of Standard
Chartered Bank Nepal, Chitwan can deposit his amount at its Kathmandu branch or any
other branches.
To increase efficiency and to remove delay in all the joint venture as well as government
banks, they should adopt computerised payment system instead of using manual
on cheque payment system. Hence, the computerised payment system can provide
satisfaction to the customers.

82 Aakar’s Office Practice and Accountancy - 10 Financial Institutions 83