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Banker’s Duty of Care Explained by Bokang Seisane is a document available to read on EtoBox.
What is Banker’s Duty of Care Explained about?
The document discusses the banker’s duty of care and skill, emphasizing that banks must exercise reasonable care in executing customer mandates, as established in the case of Selangor United Rubber Estates Ltd v Cradock. It also addresses the legal implications of this duty, particularly the distinction between contractual and delictual claims, as highlighted in the cases of Lillicrap and Holtzhausen v Absa Bank. Ultimately, the document clarifies that a customer may pursue claims in either contract or deli
- Author
- Bokang Seisane
- Language
- EN