Professional Documents
Culture Documents
(2022) T9-Commercial Papers
(2022) T9-Commercial Papers
Credit Devices
▪ forging cheques;
▪ fraud committed by ordering bank to stop
payment on a cheque;
▪ withdrawing the full balance from the account
before the cheque date;
▪ deliberately issuing a cheque or signing it in a
manner that prevents its encashment.
Crossed Cheques and their Purpose