Kuwait Court of Cassation principle number 3884

Bank transfer. Its meaning. The bank’s carrying out a procedure resulting in the transfer of an amount from one customer’s account to another account at his request by book entry, whereby the amount is entered on the debit side of the customer ordering the transfer and on the credit side of the account to which it is transferred. - The bank’s use of another intermediary bank. Its implication. The first bank’s liability towards its customer for the acts of the foreign correspondent bank undertaking execution of the transfer, so long as it was the first bank that selected it. Example.