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Showing 1–18 of 18 articles for “bank negligence”

Bank Negligence in the Philippines: The BDO v. Seastres Case on Extraordinary Diligence

When banks fail to exercise extraordinary diligence, they can be held fully liable for unauthorized withdrawals, as the Supreme Court ruled in BDO v. Seastres.

Bank Negligence and Fiduciary Duty: PNBS Responsibility to Depositors

When banks fail depositors, liability follows. This case clarifies the fiduciary duty and negligence standards for Philippine banks.

Credit Card Suspension: When Banks Must Answer for Negligence and Damages

Philippine Supreme Court ruling on credit card suspension, bank negligence, and cardholder rights to moral and exemplary damages.

Bank Negligence vs Depositor Responsibility: Who Bears the Brunt of Fraud

Learn how Philippine courts balance bank negligence against depositor responsibility in fraud cases, and what this means for your rights.

Breach of Contract and Bank Negligence: Protecting Clients' Rights

Philippine Supreme Court ruling on bank liability for negligence in terminating credit lines and dishonoring checks without proper notice.

Bank Negligence and Crossed Checks: Protecting Payees in Financial Transactions

When banks accept crossed checks without proper indorsement, they breach their duty of extraordinary diligence to the payee.

Bank Negligence and Depositor Fault: Who Bears Loss in Fraudulent Deposit Reversals

Supreme Court rules on allocating loss between bank negligence and depositor contributory fault in fraudulent check deposit reversals.

Bank Negligence and Fiduciary Duty in Handling Foreign Currency Deposits

Philippine Supreme Court ruling on bank liability for negligence in handling foreign currency time deposit pretermination and fiduciary duty.

Bank Negligence in Clearing Checks Without Fund Verification: PNB v. Campos

When a bank clears a check without verifying funds, it may bear the loss. The PNB v. Campos ruling explained.

Bank Negligence and Dishonored Checks: When Is a Bank Liable?

A bank’s failure to credit a deposit can make it liable for damages when checks are dishonored. Lessons from Prudential Bank v. Lim.

Bank Negligence and the Duty of Care in Handling Depositor Accounts

Philippine Supreme Court ruling on banks' fiduciary duty and liability for unauthorized withdrawals from depositor accounts.

Bank Negligence in Foreclosure: Damages and Attorney's Fees Reassessed

Philippine Supreme Court clarifies how courts compute actual, moral damages and attorney's fees when banks act negligently in foreclosure disputes.

Bank Negligence Bars Recovery: Solutio Indebiti and Unjust Enrichment in Check Clearing Errors

Supreme Court rules banks cannot recover funds lost to their own gross negligence in check clearing, explaining solutio indebiti and unjust enrichment.

Distinguishing Loan From Accommodation When Bank Negligence Leads to Liability

When is a deposit a loan or a mere accommodation? The Supreme Court clarifies the distinction and when banks face liability for employee negligence.

Bank Negligence and Damages: When a Dishonored Check Does Not Mean Compensation

The Supreme Court ruled that a bank's error in assigning a wrong account number caused a check dishonor, yet the depositor still recovered nothing. Here is why.

Banking Negligence Claims: Depositors Must Prove Unauthorized Transactions

Supreme Court ruling clarifies that depositors claiming unauthorized withdrawals must prove forgery or fraud, not just allege bank negligence.

Bank Negligence and Dishonored Checks: Protecting Your Reputation and Finances

Learn from the Firestone v. Luzon Development Bank case why non-negotiable instruments carry risks and how banks' duties apply.

Bank Negligence in Clearing Checks: When Depositors Escape Liability

Supreme Court rules banks must follow clearing rules before allowing withdrawals, holding BPI liable for its own negligence in counterfeit check case.