Which of the following cheques could not be cashed across the counter?
Which of the following cheques could not be cashed across the counter?
- A) Crossed cheque
- B) Order cheque
- C) Certified cheque
- D) Bearer cheque
Correct Answer: A) Crossed cheque
Explanation
This question is asking which of the following cheques cannot be cashed across the counter. Let's go through each option to determine the correct answer.Option A: Crossed cheque (Correct)
A crossed cheque is a cheque that has two parallel lines drawn across the face of the cheque. This indicates that the cheque can only be deposited into a bank account and cannot be cashed across the counter. So, option A is the correct answer.
Option B: Order cheque
An order cheque is a cheque that is payable to a specific person or entity. It can be cashed across the counter by the person whose name is written on the cheque or deposited into their bank account.
Option C: Certified cheque
A certified cheque is a cheque that has been verified and guaranteed by the bank. It can be cashed across the counter or deposited into a bank account.
Option D: Bearer cheque
A bearer cheque is a cheque that is payable to the bearer, which means anyone who possesses the cheque can cash it across the counter.
Based on the explanations above, we can see that the correct answer is option A, a crossed cheque, as it cannot be cashed across the counter.