Question 96.— Is it proper for the bank to pay a customer's acceptance after maturity, assuming that it has funds at the customer's credit, that the acceptance is in order, and that it has been made payable at the bank ?

Answer.—While such a payment might generally be safely made, we think the bank has no right to pay under such circumstances, and that it should ask the customer for instructions before doing so. The bill being overdue, his position with respect to the holder of the bill is altered, and his rights might be injured if the bank should intervene and pay.