Across the face of a cheque bears the words Peoples Bank. What is its significance :

Question:Across the face of a cheque bears the words Peoples Bank. What is its significance :

1.the cheque is specially crossed in favour of Peoples Bank

2.it is not a crossing as it does not contain two parallel lines

3.it is an extraneous matter appearing on the cheque. Hence should be returned

4.none of the above


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