Chapter XIV — Of Crossedcheques

Section 126 — Payment of cheque crossed generally

Negotiable Instruments Act, 1881 · Free to read

Where a cheque is crossed generally, the banker on whom it is drawn shall not pay it otherwise than to a banker.

Payment of cheque crossed specially. --Where a cheque is crossed specially, the banker on whom it is drawn shall not pay it otherwise than to the banker to whom it is crossed, or his agent for collection.