Crossed Cheque can only be paid Through Banker
Q. What happens if a crossed cheque is presented for payment?- Published on 20 Jul 15a. It can be paid only through a banker
b. It cannot be paid at all
c. It can be paid across the counter in another bank
d. None of the above
ANSWER: It can be paid only through a banker
A crossed cheque is a cheque that has been marked to specify an instruction about the way it is to be redeemed.
