doubt on cheque explanatiomn needed


This query is : Resolved 

28 February 2010 please explain me about different types of cheques i.e,crossed, trunckated & bearer cheque.


28 February 2010 cross cheque or & Co. cheque can be endorse to some one, A/c payee cheque cannot endorse to anyone, bearer cheque can be encashed by anyone

01 March 2010 Truncated cheque is a cheque that has been put to use (basically cancelled by the banker after clearing) and no further act can be done on the same.

01 March 2010 Agree with Mr.Deepak

02 March 2010 Agree with Mr.Deepak


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