ParaMind Word Category for Banking communications 1
Banking communications 1 relationship between payor bank and its customer bank charging customer account bank's liability to customer for wrongful dishonor customer's right to stop payment burden of proof of loss bank not obligated to pay certain checks death or incompetence of customer duty to discover unauthorized signature payor bank's right to subrogation on improper payment alteration stop-order items subject to notice bank responsibility for late return time of dishonor deferred posting recovery of payment by return of items warranties of customer on transfer warranties of customer on presentment of items warranties of collecting bank on transfer warranties of collecting bank presentment of items