Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 1240

State of Kuwait · Civil Matters — Volume 10 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

Telephone communication as an accepted means for banks to conduct foreign-currency purchase and sale transactions. Banking custom. Its rationale. Speed in concluding transactions.
Arabic original
الاتصال الهاتفي كوسيلة معتمدة في إجراء البنوك لعمليات بيع وشراء العملات الأجنبية. عرُف مصرفي. علته. سرعة اتمام الصفقات.
Original Arabic judgment citations

(الطعن ٦٣/٩٣ تجاري جلسة ٢٨/١١/١٩٩٣ مج القسم الثالث - المجلد الثالث ص ٢١٤)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 10 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 261. PDF pages: 261.

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