124: Cheque crossed specially — Negotiable Instruments Act, 1881

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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.

Effective date: 1881-12-09

Related sections

123A: Cheque crossed “account payee”125: Crossing after issue 123: Cheque crossed generally 125A: Crossing a material part of a cheque 122A: Revocation of Banker’s authority 126: Payment of cheque crossed generally Payment of cheque crossed specially

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