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Delict [2020] ZAGPJHC 259

Spar Group Limited v Absa Bank Limited (74870/2019)

Spar Group Limited v Absa Bank Limited (74870/2019) [2020] ZAGPJHC 259 (14 August 2020)

The High Court held Absa liable in delict to Spar for reversing EFT debit pull payments without proper enquiry, causing pure economic loss.

  • Pure Economic Loss
  • Bank Duty Of Care
  • Electronic Funds Transfer
  • Payment Reversal
  • National Payment System Act
  • Pure-economic-loss
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South Africa decisions are organised by court, judge, legal area and indexed issue so a practitioner can move from a proposition to a citable authority with the surrounding context intact.