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Section 56: Validity of thumb print

Banking Act · PART VIII: ADMINISTRATION OF FINANCIAL INSTITUTIONS

consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

56. Validity of thumb print In all the transactions connected with the opening of deposit into, or withdrawal from, a savings account or a fixed deposit account, the thumb print of a depositor who is unable to sign shall, where it is affixed in the presence of, and certified by, 2 officers of the financial institution, have the same legal effect as if the depositor had signed his name.

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