About this document

PNB Liability in Check Alteration Case by frank japos is a document available to read on EtoBox.

This case involves a forged GSIS check that was deposited by a customer into their PCIB account and cleared through PNB. PNB paid out on the check but later the GSIS notified that the check was lost and the signatures were forged. PNB demanded refund from PCIB but PCIB refused, arguing PNB was more negligent by paying out on a check after receiving notice it was lost and forged. The court agreed, finding PNB

Author

frank japos

Language

EN