We have a wide variety of direct marketing options available, Click here for more info.
13 Alert subscribers
+1
This question is Not Answered. Latest post 86 days ago by Anonymous. 3 replies.

We have a wide variety of direct marketing options available, Click here for more info.
Clive  [More info]

Hi,

I have to send money to England and the company wants a 'crossed' cheque. Banks in Canada don't know what that means. Perhaps it is British terminology. Can anyone explain what 'crossed' means in this context?

Thanks, Clive

Joined on Thu, Oct 28 2004
Canada
Veteran Member 34,881
El tango argentino es un pensamiento triste que se puede bailar (The tango argentino is a sad thought which can be danced) Enrique Santos Discépolo
+1 nona the brit  [More info]

All it means is that the cheque has two little lines that go vertically through the lines that you fill in (payee and amount) and it usually says something like Payee only or Account Payee along one of the vertical lines. This means that it can only be cashed by the person or company the cheque is made out to. If you have an uncrossed cheque then the payee can sign the back and anyone can pay it into their account. Shouldn't make any difference to the company receiving it unless they figure one of their employees will nick the cheque!

Anyway, I think all cheques are printed 'crossed' by the issuing bank these days so I shouldn't worry about it. I haven't seen uncrossed cheques for donkeys years and it is very old-fashioned to specify this (you used to have to manually 'cross' the cheque.

Could be different in Canada though. So, in the event of your cheque not having this stuff printed on, just draw two vertical lines around 1cm apart down through the payee and amount lines and write one of those phrases down one of your drawn-on lines.

Joined on Wed, Sep 22 2004
England
Veteran Member 11,782
The name says it all.
+1 Clive  [More info]

Thank you, Nona.

It's nice to know that I can rely on the people here.

Clive

Canada doesn't pre-print cheques. In fact even though it is law in Canada for what a crossed cheque means, some banks wont clear it.
 
© MediaCet Ltd. 2010, v6.0.3824.19915. All content posted by our users is a contribution to the public domain, this does not include imported usenet posts.*
For web related enquires please contact us on webmaster@mediacet.com, status updates are available at status.mediacet.com.
*Usenet post removal: Use 'X-No-Archive'. You may not have understood that your posts would end up in the public domain. Please send proof of the poster's email, we will remove immediately.