cheque cruzado
crossed check
The term 'cheque cruzado' in Spanish translates to 'crossed check' in English. This is a type of check that requires the banking institution to only process it through a bank account. The main purpose is to ensure that the check is not directly encashed, but only deposited into the payee's account, adding an extra layer of security. Therefore, 'cheque cruzado' implies a safer and more secure means of check-based transaction in the banking and financial world.
Example sentences using: cheque cruzado
El banco emitió un cheque cruzado a nombre de Pedro.
The bank issued a crossed check in the name of Pedro.
This sentence talks about the bank's act of issuing a crossed check, which is a type of check that can only be deposited straight into a bank account and can't be immediately cashed, to a person named Pedro.
Por seguridad, prefiero recibir el pago mediante un cheque cruzado.
For safety, I prefer to receive payment by means of a crossed check.
This sentence expresses someone's preference to receive payments in the form of crossed check, as it is deemed to be a safer method of transaction, since it should go straight into a bank account, and thus reduces the risk of theft.
Debes endosar correctamente el cheque cruzado antes de depositarlo.
You must correctly endorse the crossed check before depositing it.
The phrase refers to the correctly endorsing a crossed check, meaning verifying the check officially, before depositing it in the bank. This is a standard process related to check transactions.