Legal Question in Banking Law in Pakistan
1A bank paid a cheque inadvertantly which was countermand and was duly acknowledge to customer. Tell me whether the paying bank see to recover the money from recipient once the error was discovered. 2 a bank is maintaining t sole proprietray account in which there is a cre bal of rs. Five million. A person comes in the branch and says he is the son of the solebproprietor who is died and he wants to know the credit bal in account. Should the bank disclose the bal
Asked on 11/11/12, 6:14 am
1 Answer from Attorneys
Related Questions & Answers
-
What precautions a bank should take with regard to documents when participating in... Asked 11/08/12, 11:55 am in Pakistan Banking Law
-
A customer has been provided a finance against hypothicaton as per stock reports... Asked 11/06/12, 12:18 pm in Pakistan Banking Law
-
Bank a has extended finance to a minor for a sum.of rs 100000 against the guarantee... Asked 11/06/12, 12:06 pm in Pakistan Banking Law
-
There is a fixed deposit hundred million in the joint names of husband and wife with... Asked 11/06/12, 11:01 am in Pakistan Banking Law
-
As a banker i have received an application from my customer for finance as working... Asked 11/03/12, 10:14 am in Pakistan Banking Law