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Q.

Difference between crossed cheque and open cheque and how to write on cheque if it is a open cheque

Tags: cheque, difference between crossed cheque, open cheque
Asked by hemalatha, 12 Jun '07 04:58 pm
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Answers (6)

1.

Cross chq is account payee other not
Answered by nitin, 12 Jun '07 04:59 pm

 
  
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2.

If you dont have account in bank you cannot get money from crossed cheque and if you donot have account you can get money from bearer cheque /open cheque
Answered by ANURADHA PATHAKJ, 12 Jun '07 05:06 pm

 
  
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3.

When you issue crossed cheque the amount has to be credited to the payee's account through payee's bank only. The open cheque or bearer cheque means any one can withdraw the amount of cash from the issuing bank itself. If any fruad would take than in case crossed cheque bank can be held responsible but not so in the case open cheque
Answered by sanjay Markale, 12 Jun '07 05:02 pm

 
  
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4.

Crossed cheque means its account payee cheque. To present this cheque you must have the bank account. It will take time for the clearance of the cheque.
Open check means you have to present the cheque in only one particular bank from where the cheque is issued. You you will get cash immediately. For this you need not have bank account.
Answered by Rashmi Srinivas, 12 Jun '07 05:02 pm

 
  
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5.

Crossed cheque should b routed thru' an account only whereas an open cheque can b encashed across the counter.
In both the cheque u have to write the same way but for the crossing!
Answered by Krishnamurthy Raman, 12 Jun '07 05:00 pm

 
  
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6.

Crossed cheque can be credited to the account only whereas open cheque amount can be withdrawn directly..
Answered by Reji George, 12 Jun '07 05:00 pm

 
  
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Open cheque can be withdraw without having a/c but in crossed cheque you have to have a/c, to write crossed cheque write cross mark on left top corner..more

Answered by shashikant patil