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As per Section 123 of the Negotiable Instruments Act 1881, the drawer signals to the bank with two lines on the left corner that it's a crossed cheque. With this type of cheque, you can't walk ...
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Newspoint on MSNDemand Drafts & Cheques Demystified: Everything You Need To KnowCrossed Cheque: Designed for deposit into bank accounts, not direct encashment. Post-Dated Cheque: Can only be cashed on or ...
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