Q. Crossing denotes (Solved)
1. that the cheque will not be paid across the counter but will be credited to the account of the holder
2. that the cheque cannot be transferred by the payee named therein
3. that the cheque will be paid through clearing only
4. a direction to the paying bank to make payment of the cheque through a bank
5. none of the above
- d. a direction to the paying bank to make payment of the cheque through a bank