Who can do the crossing of cheque?

The crossing of the cheque can be done by three parties which are as follows; the drawer, the holder and the banker. The drawer of the cheque has the power to cross a cheque in both ways i.e. general as well as special crossing.

Can a payee cross a cheque?

No, the recipient of the cheque (sometimes called the “payee”) cannot remove a crossing from a cheque nor can the cheque be transferred over to a third party. It cannot be cashed over the counter by the payee; it must be paid into an account in the same name as that appearing in the payee line of the cheque.

Can you pay a cheque into an account with a different name?

If the name on the cheque differs to the account name because you have changed your name (e.g. marriage) and can provide documentary proof (we would require a legal linking document such as a marriage certificate to prove the link between the names or in the case of divorce, a birth certificate to show the maiden name) …

Who can uncross a cheque?

Once a check is crossed, it’s impossible for the payee to uncross it. Furthermore, such crossed checks are considered non-transferable, meaning they cannot be signed over to a third party. The only action permitted is for the payee to deposit the check in an account that the payee holds in their own name.

What is mean by crossing of a cheque who can cross a cheque state its kinds?

General Crossing – cheque bears across its face an addition of two parallel transverse lines. Special Crossing – cheque bears across its face an addition of the banker’s name. Restrictive Crossing – It directs the collecting banker that he needs to credit the amount of cheque only to the account of the payee.

How do I claim a cheque?

How can I Cash a Cheque?

1. Take it to a Retailer. Many large retailers actually offer cheque cashing services.
2. Take it to the Bank which Issued the Cheque. You do not have to have an account with the issuing bank to have a cheque cashed there.
3. Take it to a Payday Lender.
4. Get a Prepaid Debit Card.

Can I deposit a cheque that is not in my name?

You can deposit a check made out to someone else in your own bank account if the payee endorses the check over to you. They will need to write “Pay to ” on the back of the check and sign it. There is, however, no legal requirement that the bank accept such checks.

Does a cheque have to have your full name?

Lloyds and Nationwide allow customers to deposit a cheque made out using their middle name and surname, as long as their middle name is on their account. Santander says the decision to accept a cheque which does not have the customer’s first name on the payee line is down to the branch manager.