1.

Which of the following is correct for crossed cheque?

A. It has three lines are made on the top right of the cheque.
B. There is no cash payment on this cheque.
C. Amount mentioned on the cheque cannot be transferred to the bank account of the payee.
D. The lines must be wavy.
E. The cheque is non-endorsable.
Answer» C. Amount mentioned on the cheque cannot be transferred to the bank account of the payee.


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