Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

What is the difference between Non negotiable Crossing and Ac Payee Crossing?

user-image
Question ajoutée par Jamal Hassan , Treasurer , Taj Gasoline Private Limited
Date de publication: 2013/12/03
Nadeem Khursheed
par Nadeem Khursheed , Officer Grade III , HABIB METROPOLITAN BANK LTD

non-negotiable crossing is simple crossing i.e parallel lines on the left top corner of instrument or the bearer is cancelled. that means instrument is only transferable. not cashable.

 

a/c payee crossing means the particlular instrument has to been transfered or cleared to any particular Name / co. only

 

More Questions Like This