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Lloyd's Law Reports Plus

COUTTS & CO v SEBESTYEN

[2006] Lloyd's Rep Plus 58

COURT OF APPEAL

Before Lord Justice May Lord Justice Rix and Lord Justice Jonathan Parker

Banking – Overdraft facility – Customer exceeding overdraft limit – Bank continuing to make payments out of customer’s account – Bank claiming repayment of overdraft plus interest – Whether overdraft agreement unenforceable – Whether bank complied with conditions set out in determination by Office of Fair Trading – Consumer Credit Act 1974, section 74.

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