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