Negotiable Instruments Act Section 124 — Cheque crossed specially

CHAPTER XIV O F CROSSED C H E Q U E S

General

Summary

If a cheque has the name of a particular bank written across its face, with or without the words "not negotiable," it is considered specially crossed. This means the cheque is directed to be paid only through that named bank.

Official Text

Where a cheque bears across its face an addition of the name of a banker, either with or without the words “not negotiable,” that addition shall be deemed a crossing and the cheque shall be deemed to be crossed specially, and to be crossed to that banker.