Page 54 - Office Practice and Accounting 10

Specimen of crossed cheque

Crossed cheque is of two types

General crossing: A general crossing is one where two parallel lines are drawn across
the face of a cheque with or without the words "and Co." but not including the name
of the bank. The effect of general crossing is that the holder cannot encash it himself
at the counter of the bank. If a crossed cheque is lost , the person who happens to find
and try to encash it through a bank can be easily traced. Thus, the system of crossing
has made the use of cheque more safe.

Specimen of general crossing

Special crossing: A special crossing is one which contains the name of a banker
in between the two parallel lines drawn across the face of a cheque. In such case
the drawee bank shall pay the amount only to the bank mentioned in the crossing.
Generally, the payee instructs the drawer to put the name of his bank in the crossing.
Special crossing makes the payment to the right person perfectly certain.

Sometime the words “account payee only” are written between the two parallel
lines. This is a direction to the collecting banker to collect the cheque and to place the
amount to the credit of the payee only.

48 Office Practice and Accounting 10