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Barclays customers are experiencing intermittent errors with payments and transfers for a second day after serious IT problems that also affected the bank's app and online banking. Customers have ...
Barclays Bank Ltd v W J Simms, Son and Cooke (Southern) Ltd [1980] 1 QB 677, [1979] 3 All ER 522 was a decision of the High Court of Justice relating to the recovery of a payment mistakenly made by a bank after the customer had countermanded the cheque.
A stop payment is an order by a customer of a financial institution (bank, savings bank, or credit union) or to a money order issuer to refuse to pay a check or draft drawn on the customer's account, and to return the draft to the depositor unpaid. [1] Stop payments are used in cases where the depositor does not want the check to be paid.
A major IT glitch is still affecting Barclays customers, with some locked out of their accounts throughout the night and almost 24 hours on from the bank’s initial outage.. Customers were unable ...
National Westminster Bank Ltd v Barclays Bank International Ltd [1975] 1 QB 654 (17 June 1974) is a decision of the High Court relating to the duty of care of a bank in relation to forged cheques with respect to persons other than their customer.
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It has banned standing / banker's orders, along with direct debit and any type of recurring payments between bank accounts. Instead, it permits transfer of funds only via its own “Interac e-Transfer”, an electronic transfer system similar to a cheque, which may be sent manually to a recipient's email or phone number.
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