Legal Insights
Plain-language guides and case briefs on Philippine law — researched from the firm's law library of 184,000+ statutes, Supreme Court decisions, and agency issuances, and written so non-lawyers can understand and act on them.
Mar 16, 2022commercial-lawnegotiable-instrumentsforged-checkscollecting-bankbanking-lawfictitious-payee
Liability for Forged Checks When Collecting Banks Bear the Loss
Philippine Supreme Court ruling on collecting bank liability for forged endorsements, negligence standards, and the fictitious payee rule.
Jun 17, 2020banking-lawforged-checksnegotiable-instruments-lawdepositor-rightsbank-negligencesupreme-court
Bank Liability for Forged Checks: Protecting Your Accounts in the Philippines
When a bank pays a forged check, it bears the loss. Learn the rules on bank liability and depositor rights.