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1. Bank Nizwa, (collecting banker) collects the cheque issued by Mr. Yusuf to Mr. Suhail for OMR 3,500 and credits the account of Mr. Suhail

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1. Bank Nizwa, (collecting banker) collects the cheque issued by Mr. Yusuf to Mr. Suhail for OMR 3,500 and credits the account of Mr. Suhail for OMR 1,500 as he has already paid Mr.Suhail OMR 2,000 as he had to meet some emergency expenses relating to his son's covid-19 treatment. Is Bank Nizwa an Agent for collection or holder for value? Explain in detail

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