Kuwait Court of Cassation principle number 3889

Bank deposit. A contract conferring upon the bank ownership of the money and the right to dispose of it according to its needs, with an obligation to return it to the depositor. - A deposit earmarked for a specific task. Its definition: a deposit entrusted by the customer to the bank to perform a task for the customer's account. It falls within the meaning of agency, placing the depositary in the position of an agent. The consequence of this. Its connection with another contract, namely opening a simple account that always remains in credit for the customer. It lacks the characteristics of a current account.