Commercial Loan Officer Question:

Download Job Interview Questions and Answers PDF

Tell us what is ‘Crossed Cheque’?

Commercial Loan Officer Interview Question
Commercial Loan Officer Interview Question

Answer:

A crossed cheque indicates the amount should be deposited into the payees account and cannot be cashed by the bank over the counter. Here in the image, number#2, you can see two cross-lines on the left side corner of the cheque that indicates crossed cheque.

Download Commercial Loan Officer Interview Questions And Answers PDF

Previous QuestionNext Question
Explain what is consumer bank?Explain me what is ‘prime rate’?