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Like most modern cheques in the UK, the cheque is pre-crossed as printed by the Bank. A crossed cheque is a cheque that has been marked specifying an instruction on the way it is to be redeemed. 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 ...
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I'm guessing that a "crossed check" is a check made out to A, signed by B, which A then endorses or "signs over" to C -- so C wants to cash a check made out to A. --- OtherDave 11:36, 1 October 2008 (UTC) Crossed cheques (checks) are a British weirdness.
Paper checks, though not used daily as much as they used to be, are still a necessary part of making payments and managing your checking account. Online banking has made digital transactions more...
Write the correct date in the date label near the upper right corner of the check. Use the current month, day and year. You can postdate a check by writing a future date in the hope that it won ...
The rules concerning crossed cheques are set out in Section 1 of the Cheques Act 1992 and prevent cheques being cashed by or paid into the accounts of third parties. On a crossed cheque the words "account payee only" (or similar) are printed between two parallel vertical lines in the centre of the cheque.
A banker's draft (also called a bank cheque, bank draft in Canada or, in the US, a teller's check) is a cheque (or check) provided to a customer of a bank or acquired from a bank for remittance purposes, that is drawn by the bank, and drawn on another bank or payable through or at a bank. [1]
Cross check may refer to: CrossCheck (project), a coalition set up to support truth and verification in media; Cross-checking, an infraction in the sport of ice hockey and lacrosse. Cross-check (chess), a chess tactic of blocking a check with a check to force the exchange of pieces