Payment by Mistake Recovery

PPB Responsibility of Paying Bank Free JAIIB Capsule 28 views Updated
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PPB · Responsibility of Paying Bank
If a bank clears a forged cheque by mistake, can it later recover the money from an innocent collecting bank or payee?
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If a bank clears a forged cheque by mistake, can it later recover the money from an innocent collecting bank or payee?

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This capsule covers Principles & Practices of Banking, Responsibility of Paying Bank. Members get the complete explanation plus every other premium capsule, mock test and PDF.

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