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Section 80: Protection to collecting banker

Bills Of Exchange Act · PART II: CHEQUES ON A BANKER

consolidated text (as at 2011, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

80. Protection to collecting banker Where a banker in good faith and without negligence receives payment for a customer of a cheque crossed generally or specially to himself, and the customer has no title or a defective title, the banker shall not incur any liability to the true owner of the cheque by reason only of having received the payment. B7 – 29 [Issue 1] Bills of Exchange Act PART III – PROMISSORY NOTES

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