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Exploring Crossed Cheques: What Makes Them Secure?

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Summary

This blog details the significance of cheques and crossed cheques in modern financial transactions. It explains various types of cheque crossing including general, account payee, special, and not negotiable while emphasizing their role in enhancing security by restricting cash withdrawals. Readers learn that crossed cheques are non-transferable, ensuring funds are deposited safely into designated accounts.

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