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Barclays Bank plc v Quincecare Ltd
[1992] 4 All ER 363; [1988] 1 FTLR 507
Key Principle
A bank owes its customer an implied duty to refrain from executing a payment instruction given by an authorised agent when the bank is 'put on inquiry' by reasonable grounds for believing the instruction is an attempt to misappropriate the customer's funds.
Area of Law
b
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