Why cross a cheque? How to do it?

Question

Kindly provide sample picture

Answer 1

just draw 2 parallel lines across the left hand corner of the cheque and write a/c payee inside those lines or just the 2 lines are also fine.

This is done to prevent it from being directly encashed. The crossed cheque must be deposited into a bank account. If the cheque has been stolen, it is easily traced by locating the account it was deposited into.

check out the website and u will find the sample. the 2 blue parallel lines on the left hand corner of the cheque shows u how to cross it.

Answer 2

What Is A Crossed Cheque

Answer 3

1

Answer 4

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Cross-checking is when a player checks an opponent by holding his stick with both hands and hitting the player with the shaft. Here is rule on cross-checking from the NHL rulebook. NHL Rule 59 - Cross-checking 59.1 Cross-checking - The action of using the shaft of the stick between the two hands to forcefully check an opponent. 59.2 Minor Penalty - A minor penalty, at the discretion of the Referee based on the severity of the contact, shall be imposed on a player or goalkeeper who “cross checks” an opponent. 59.3 Major Penalty - A major penalty, at the discretion of the Referee based on the severity of the contact, shall be imposed on a player or goalkeeper who “cross checks” an opponent (see 59.5). 59.4 Match Penalty – The Referee, at his discretion, may assess a match penalty if, in his judgment, the player or goalkeeper attempted to or deliberately injured his opponent by cross-checking. 59.5 Game Misconduct Penalty - When a major penalty is assessed for cross-checking, an automatic game misconduct penalty shall be imposed on the offending player. 59.6 Fines and Suspensions - When a major penalty is imposed under this rule, an automatic fine of one hundred dollars ($100) shall also be imposed. If deemed appropriate, supplementary discipline can be applied by the Commissioner at his discretion (refer to Rule 29).

Answer 5

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Answer 6

To cross a check (Eng. Banking), to draw two parallel transverse lines across the face of a check, with or without adding between them the words ``and company'', with or without the words ``not negotiable'', or to draw the transverse lines simply, with or without the words ``not negotiable'' (the check in any of these cases being crossed generally). Also, to write or print across the face of a check the name of a banker, with or without the words ``not negotiable'' (the check being then crossed specially). A check crossed generally is payable only when presented through a bank; one crossed specially, only when presented through the bank mentioned. Cross-buttock \Cross"-but`tock\, n. (Wrestling) A throw in which the wrestler turns his left side to his opponent, places his left leg across both legs of his opponent, and pulls him forward over his hip; hence, an unexpected defeat or repulse.

Source: Webster's Revised Unabridged Dictionary (1913)
http://www.dictionary.net/cross

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Cheque Fraud

Preventing Cheque Fraud

Cheques can be made out in various ways. This document explains your options and recommends a number of ways to prevent fraud.



What is a cheque?



A cheque is a signed, written instruction you give to your bank to pay money out of your account.



Who can receive payment on your cheques?



This depends on how you make out the cheque.



Transferable cheques

There are three types of transferable cheques. This means that the cheque can be passed on (transferred) by the person to whom the cheque is made out (the "payee" of the "bearer") to another person, who then becomes entitled to receive payment on the cheque.

Bearer cheques

If you make a cheque out to "J P Smith" or bearer your instruction is for the bank to pay J P Smith or any other person who gets hold of the cheque and presents it for payment. (The words "or bearer" are often pre-printed on the cheque.)

Order cheques

If you make it out to "J P Smith" and cross out the words "or bearer" - or if you make it out to "JP Smith or order" your instruction is for the bank to pay J P Smith or anyone else to whom J P Smith may sign over the cheque, or to whom that person may in turn sign over the cheque, and so on. With the exception of a cash cheque, if you cross out the words "or bearer" which have been pre-printed on the cheque form, the cheque automatically becomes payable to order.

Cash cheques

If you make the cheque out to "CASH" it is payable to anyone who comes into possession of the cheque, even if the words "or order" appear on the cheque.

CAUTION

Exercise great care when handling a completed cheque which is payable to bearer. This cheque is as good as cash and anyone in possession of the cheque can receive payment on that cheque.

"Non-transferable" cheques



If you make the cheque out to "J P Smith" and mark the cheque "NOT TRANSFERABLE" your instruction is that only J P Smith may be paid.

By marking your cheque "NOT TRANSFERABLE" or "NON-TRANSFERABLE" boldly across its face (preferably by using a rubber stamp with red ink) you will have a claim against a bank that negligently pays the cheque to the wrong person.



CAUTION

If you make your cheque "not transferable", make sure that you make it out in the full and correctly spelt name of the person you want to pay (and ensure that this person has a bank account in that name). Banks may reject the cheque if you misspell the name of the payee, or if – in the case of a company – you use the trade name instead of its correct registered name.

If you make the cheque payable to "J P Smith only" or if the words "not transferable" are not bold enough the cheque is still not transferable, but you will not have a claim against a bank that pays the wrong person.
Once you have marked a cheque with the words NOT TRANSFERABLE you may not cancel these words, and the law requires that any purported cancellation should be ignored.



Crossed cheques



When should you cross your cheques?

A crossed cheque should only be paid into a bank account. This means that the person to whom the cheque is made out (the "payee") must have a bank account into which the money can be paid. This helps to prevent fraud, since it is usually possible to trace the person to whom the cheque has been paid. If a cheque is not crossed, a person can receive payment in cash across the counter.
It is not permitted to cancel a crossing.

Recommendation

Always cross your cheques unless the person you are paying asks for a "cash" cheque, or the person does not have a bank account.



Crossed cheques may be marked "not negotiable"



The NOT NEGOTIABLE crossing is different to the NOT TRANSFERABLE marking.

If you cross the cheque and write on it the words NOT NEGOTIABLE, the person to whom the cheque has been made out may still transfer the cheque to someone else. However, if the cheque gets stolen, the thief - or anyone taking the cheque from the thief – has no claim against you. This means that you can stop the cheque and nobody can successfully sue you for payment.

If your bank pays the cheque before you can stop it, the true owner (either the payee or yourself) has the right to recover any loss from any person who came into possession of the cheque after the theft.



Recommendation

Always mark crossed cheques NOT NEGOTIABLE, preferably between the crossing lines.



Can a cheque be marked both "NOT TRANSFERABLE" and "NOT NEGOTIABLE"?



Yes. Even though the NOT TRANSFERABLE marking should ensure that no one other than the payee receives payment, the cheque may still come into the hands of someone who is not allowed to receive payment. The NOT NEGOTIABLE crossing brings about additional protection for the true owner of the cheque, by giving rights in certain circumstances against any other person who has been in possession of the cheque.



Recommendations for sending cheques through the mail.

Make sure that cheques sent through the mail are always crossed, made payable to a specified person and marked "NOT NEGOTIABLE" between the crossing lines. You may also wish to mark the cheque ‘Not Transferable’ but remember that a ‘Not Transferable’ cheque cannot be used to pay someone who does not have a bank account.

Do not use staples or paperclips to attach the cheque to a letter – it’s a good way of telling a thief that there's a cheque inside the envelope.

Complete the payee’s name correctly (which includes in the case of a company the addition of "(Pty) Ltd" or "Ltd" and, in the case of a close corporation, the designation "CC").

As an alternative, consider the benefits of paying your debts by means of electronic account payments.

Source: The Banking Council - South Africa
http://www.fraudinvestigator.co.za/cheque_fraud_-_faq.htm

Sorry hard to find sample picture.

I hope the above information will help you.
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