n SA Mercantile Law Journal = SA Tydskrif vir Handelsreg - A final curtain call, but perhaps not the last word on the reversal of credit transfers : : case comments

Volume 21, Issue 3
  • ISSN : 1015-0099
  • E-ISSN: 1996-2185



In Pestana v Nedbank Limited (2007 JDR 0353 (W)), Mathopo J at first instance held that Nedbank was entitled to reverse the credit in the second Pestana's account since the employee at the Carletonville branch who had passed the credit had done so erroneously or in the mistaken belief that there was no prior claim on the money (in par 21).

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