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Last week,you dishonored a cheque of 50,000 cedes with the answer refer to the drawer as the drawers account is overdrawn and you were not
Last week,you dishonored a cheque of 50,000 cedes with the answer refer to the drawer as the drawers account is overdrawn and you were not prepared to increase the debt.Solicitors for the payee have written asking if you will confirm that the reason for the action taken was that the drawers account was not sufficiently in credit to make payment. a. What is the bank's position? b. Give four circumstances under which a banker can disclose a customers affairs to a third party
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