Kuwait Court of Cassation principle number 443

Payments into a current account. They lose their individual identity in the account, giving rise to a single debt determined upon closure of the account. This is confined to the relationship between the customer, even if multiple, and the bank. The relationship between the holders of a joint account - its subjection to the parties' agreement concerning it in terms of the purpose of opening it, what each is obliged to deposit in it, what each actually deposited, and what these deposits or the parties' withdrawals were used for. Closure of the account. Its effect. Settlement of the relationship concerning it on the basis of what each deposited separately into the account, without regard to any particular deposit unless it is established that this deposit differs from what the depositor undertook to deposit. Contravention of this. An error in the application of the law. - Documentary credits:-