Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

TIDAL ENERGY LTD v BANK OF SCOTLAND PLC

[2014] 2 Lloyd's Rep. 549

COURT OF APPEAL

Before Lord DYSON,Lord Justice TOMLINSON,Lord Justice FLOYD

Banking – Instruction for payment through CHAPS identifying correct bank sort code and account number but wrong beneficiary – Funds accepted by receiving bank – Whether instruction satisfied – Whether payment made – Construction of CHAPS Transfer Form.

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