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Set-off: Difference between revisions
→Banker’s set-off (a.k.a combination of accounts
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====[[Banker’s set-off]] (a.k.a ''[[combination of accounts]]''==== | ====[[Banker’s set-off]] (a.k.a ''[[combination of accounts]]''==== | ||
This arises where a customer has multiple bank accounts some of which are in debit and some in credit. It is also known as the [[combination of accounts]]. It is arguably available in any situation where one party has multiple accounts with another. | This arises where a customer has multiple bank accounts some of which are in debit and some in credit. It is also known as the [[combination of accounts]]. It is arguably available in any situation where one party has multiple accounts with another. | ||
Discussed in some detaiul in {{cite|Fearns|Anglo-Dutch Paint and Chemical Company Limited|2010|EWHC|2366}}. | |||
The question arises as to whether it is available across multiple currencies. | The question arises as to whether it is available across multiple currencies. | ||