Kuwait Court of Cassation principle number 2082

Bank deposit. A contract conferring on the bank ownership of the money and the power to dispose of it according to its needs, with an obligation to return it to the depositor. - A deposit allocated to a particular undertaking. Its definition: a deposit entrusted by the customer to the bank to perform an undertaking for his account. Its inclusion within the meaning of agency. The depositary occupies the position of an agent. The consequence thereof. Its connection with another contract, namely the opening of a simple account that remains permanent in relation to the customer. It lacks the characteristics of a current account. - Ships’ agency:-