Special crossing of a cheque by naming a banker directs payment and limits negotiation to that banker. A cheque bearing across its face the name of a banker, with or without the words "not negotiable", constitutes a crossing and is to be treated as a ... Summary
Special crossing of a cheque by naming a banker directs payment and limits negotiation to that banker.
A cheque bearing across its face the name of a banker, with or without the words "not negotiable", constitutes a crossing and is to be treated as a crossed specially cheque directed to that banker, thereby fixing the payee route and limiting negotiation or presentation to conform with the crossing.
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