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Section 126: Payment of cheque crossed generally.

The Negotiable Instruments Act, 1881Central Act · Act 26 of 1881

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.

Where this provision sits

ActThe Negotiable Instruments Act, 1881
Section126
Marginal notePayment of cheque crossed generally.
JurisdictionCentral
StatusIn force as published by the source

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