A.O. Nanka has been your customer for twenty years. He is a dealer in petroleum prod- ucts. He telephoned this morning to complain that a cheque for GH5 million issued by him payable to Mobil oil co. was dishonored with the answer Refer to Drawer and as

a result the oil company has stopped the supply of petroleum products to him. On in- vestigation you discovered that two cheque paid in by him this week totaling GH3 million were credited to A.A.Nanka.

it is a banking operations question

Discuss the banks position in each of the following situations and state what actions you will take