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Defences to Bankers S 73A: This section is limited help to bankers who pay out forged cheques as it practically extremely difficult to prove that forgery is contributed by customer’s negligence/ customer knew about the forgery. Bankers should know their customer’s s signatures and to verify customer’s s signature with care and prudence. Alterations: Association of Banks in Malaysia will not honour cheques containing alterations and it has the duty not to inform its customers.
Material Alteration Ung Eng Huat & Anor v Arab Malaysian Bank Bhd [2003] 3 CLJ 624 The bank had the power not to pay on a cheque which contained an alteration. The B has the right to dishonour the altered cheque The bank not duty-bound to inform its customer of the alteration.
Page 1 and 2: Law of Banking and Security DR. ZUL
Page 3 and 4: Holder of a cheque Section 2 defin
Page 5 and 6: Holder in Due Course A person to w
Page 7 and 8: Defences 1. No notice of dishonour:
Page 9 and 10: Duty to Prevent Fraud Greenwood v
Page 11: Bank Must Be held fully liable Syar
Page 15 and 16: Collecting banker’s s duties Col
Page 17 and 18: Defence of Collecting Banker The d
Page 19 and 20: Good faith If it is done honestly
Page 21 and 22: The bank has acted in good faith A
Page 23 and 24: Contributory negligence The pt had
Page 25 and 26: Paying banker Where a customer dra
Page 27 and 28: S 80 Section 80- in good faith and
Page 29 and 30: Slingsby v District Bank Ltd [1932]

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