Crossing of cheques allows general or special crossing, use of 'not negotiable', and re crossing by bankers for collection. A holder of an uncrossed cheque may cross it generally or specially; a general crossing may be made special; either form may bear the words "not ... Summary
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Crossing of cheques allows general or special crossing, use of 'not negotiable', and re crossing by bankers for collection.
A holder of an uncrossed cheque may cross it generally or specially; a general crossing may be made special; either form may bear the words "not negotiable"; and a banker to whom a cheque is specially crossed may re-cross it specially to another banker as agent for collection.
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