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What is the meaning of the 2 lines in the corner of a cheque
short by / on Thursday, 9 May, 2024
According to Section 123 of the Negotiable Instruments Act 1881, the person issuing the cheque informs the bank through two lines drawn on the left-hand corner of the cheque that it is a crossed cheque. The special thing about this cheque is that you cannot go to any bank and withdraw cash from it.
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