Quick Answer A crossed cheque is a payment instrument marked with two parallel lines, restricting it to…
Crossed cheque
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A crossed cheque is a type of cheque that has two parallel lines drawn across its face, indicating that the cheque must be deposited directly into a bank account and cannot be cashed over the counter. This added security measure helps prevent fraud and unauthorized encashment by ensuring the funds are transferred only through the banking system. Crossed cheques are commonly used in business transactions and personal banking to provide a safer method of payment.