Cross Cheque: What Is The Meaning Of The 2 Lines In The Corner Of A Cheque?

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Cross Cheque: What Is The Meaning Of The 2 Lines In The Corner Of A Cheque?
 

Nearly everyone banks, but not many people use cheques. Among them, many don't know about the different types of cheques. One such cheque is the Cross Cheque, where two lines are drawn on the top left corner. Do you know why these lines are drawn? Let's explore the details of cross cheques as per the Negotiable Instruments Act 1881.

Nobody can withdraw cash from this

As per Section 123 of the Negotiable Instruments Act 1881, the drawer signals to the bank with two lines on the left corner that it's a crossed cheque. With this type of cheque, you can't walk into any bank and withdraw cash.

Cross Cheque: What Is The Meaning Of The 2 Lines In The Corner Of A Cheque? | Wikipedia
 

Payment is only made into the account

Crossing a cheque ensures that payment will only be made into a bank account. It's either to the named payee or if endorsed, to someone else, requiring their signature at the back.

General crossing

There are many types of cross cheques. The first is general crossing, where two lines are drawn on the edge of the cheque. Everything discussed so far about cross cheques falls under general crossing.


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