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A BANK AND ITS CUSTOMERS.

THE PLEDGE OF SECRECY. i T NOT AN INVIOLABLE PROMISE. JJf: (ReceiTed 10.30 a.m.) LONDON, .Tune 3. A High Court jury hold that the worda appearing in the pass books of bank customers to the effect that officers of the bank were bound to secrecy as regards the transactions of its customers did not apply to the ordinary course of business. A branch manager had communicated with the manager of an engineering firm, stating that one of his salesmen had passed a cheque on a. slightly overdrawn \ acount to a bookmaker. The jury dismissed the salesman a slander claim, holding that the bank's action did not constitute slander. The judge pointed out that a banker could digciose the state of a person's account if it were reasonable or justifiable -without committing a breach of confidence.—(A. and N.Z. Cable.)

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19230604.2.53

Bibliographic details

Auckland Star, Volume LIV, Issue 131, 4 June 1923, Page 5

Word Count
143

A BANK AND ITS CUSTOMERS. Auckland Star, Volume LIV, Issue 131, 4 June 1923, Page 5

A BANK AND ITS CUSTOMERS. Auckland Star, Volume LIV, Issue 131, 4 June 1923, Page 5