Absa Bank Limited v Hanley (08/2013)
Absa Bank Limited v Hanley (08/2013) [2013] ZASCA 183; [2014] 1 All SA 249 (SCA); 2014 (2) SA 448 (SCA) (29 November 2013)
The SCA held that ABSA could not debit Hanley’s account for an unauthorised US$1.6 million transfer. The bank’s negligence in processing the forged instruction caused the loss.
- Bank Customer Relationship
- Negligence
- Proximate Cause
- Unauthorised Payment
- Mandate
- Forgery And Fraud