About this document

Bank Liability in Counterfeit Currency Case by Paul Nio Dechos is a document available to read on EtoBox.

The respondent bank shall not be held liable for damages claimed by the petitioners related to counterfeit US dollar bills released by the bank. While the petitioners experienced embarrassment after discovering the bills were counterfeit in Thailand, the bank observed proper protocols and procedures in handling the US dollars and could not have known the bills were counterfeit. The characteristics of the counterfeit bills made identification difficult even for currency experts. Therefore, the bank did not v

Author

Paul Nio Dechos

Language

EN