What is cross cheque

A crossed cheque is a cheque marked with two parallel transverse lines, usually on the top-left corner. This marking serves as an instruction to the bank that the funds must be deposited directly into a bank account and cannot be cashed immediately over the counter. This system, governed by the Negotiable Instruments Act, 1881 in India, provides enhanced security by ensuring traceability and reducing the risk of fraud or unauthorized encashment. Common markings between the lines include "Account Payee" or "Not Negotiable" to further restrict the payment.