n Annual Survey of South African Law - The law of negotiable instruments
|Article Title||The law of negotiable instruments|
|© Publisher:||Juta Law Publishing|
|Journal||Annual Survey of South African Law|
|Affiliations||1 University of South Africa and 2 University of Cambridge, UK|
|Publication Date||Jan 2011|
In ABSA Bank Ltd v Intensive Air (Pty) Ltd and Others 2011 (2) SA 275 (SCA), the court characterized the relationship between a banker and its client as one of debtor and creditor.
In Peterson and Another NNO v ABSA Bank Ltd 2011 (5) SA 484 (GNP), the court discussed the banker's duties in respect of management of deposited funds.
Both these decisions are discussed in the chapter on Financial Institutions.
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