TRADUguide - Your Guide to Translators and Translation Agencies

153 months ago

Kate (a guest user) asked this question:

This question has already been answered and rated. Therefore, no new answers can be given.

153 months ago

Ffion Marianne Moyle   wrote:

crossed cheque

My comment:

Crossed cheques
The rules concerning crossed cheques are set out in Section 1 of the Cheques Act of 1992 and prevent cheques being cashed by or paid into the accounts of third parties. On a crossed cheque the words “account payee only” (or similar) are printed between two parallel vertical lines in the centre of the cheque. This makes the cheque non-transferable and is to avoid cheques being endorsed and paid into an account other than that of the named payee. Crossing cheques basically ensures that the money is paid into an account of the intended beneficiary of the cheque.

153 months ago

Ffion Marianne Moyle   wrote:

unendorsable checks bearing cross marks

My comment:

Yes, only in France. That's how I would do it.

153 months ago

WILHELMINA TWENEBOA-KODUA   wrote:

crossed checks

My comment:

crossed checks can only be deposited directly into a bank account and cannot be immediately cashed by a bank over the counter.

153 months ago

WILHELMINA TWENEBOA-KODUA   wrote:

for deposit only

My comment:

this is a practice which exists only if French inspired banking systems. A "chèque barré" can only be deposited in a bank, not cashed directly. They are just offering checks where the "barres" are already printed.

The asker rated this answer best

153 months ago

Claude Le Frapper   wrote:

for deposit only

My comment:

this is a practice which exists only if French inspired banking systems. A "chèque barré" can only be deposited in a bank, not cashed directly. They are just offering checks where the "barres" are already printed.

The asker rated this answer best