 |
 |
Free Books / Finance / Canadian Banking Practice / |  |
|
|
||||
|
|
|||
|
|
|||
|
||||
|
|
||||
|
   |
|
||
|
47 Bill Accepted Payable at a Bank where the Payee Has no |
|
||
|
||||
|
|
|
||
|
||||
|
|
Free Books / Finance / Canadian Banking Practice / | |
|
|
||||
|
|
|||
|
|
|||
|
||||
|
|
||||
|
|
|
||
|
47 Bill Accepted Payable at a Bank where the Payee Has no |
|
||
|
||||
|
|
|
||
|
||||
This section of the book is from the "Canadian Banking Practice" book, by .
Question 49.— May a bank refuse to take money with which to pay a draft held by another party, from the drawee of the same, the draft having been accepted by him payable at the bank ? He has no current account with them.
Answer.—The bank is quite at liberty to refuse to take money from anyone not a customer with which to retire a note domiciled by him at the bank. No person can be forced to act as agent for another against his will.
Continue to:
banking, receipts, signature, cheque, banker, bills, security, debts, bank draft, bank money order, bank notes, attorney, payment, drawee, borrowing, corportation, collections, liability, deposit, business, deceased, endorsement, rules, guarantee, identification, insurance, loan, stock, wire, transfer, regulation, cash, money
|
|
|
|
 |
|