Kuwait Court of Cassation principle number 442

Bank transfer. Its meaning. The bank carrying out a procedure resulting in the transfer of a sum from one customer's account to another account at his request by way of book entry, whereby the sum 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 employing another intermediary bank. Its implication. The first bank's liability to its customer for the acts of the foreign correspondent bank undertaking execution of the transfer, so long as it was the one that selected it. Example.