Kuwait Court of Cassation principle number 555
State of Kuwait · Commercial and Labour — Volume 9 · Ministry of Justice — Court of Cassation — Technical Office
English translation of the principle
Bank transfer. Its nature. Entry of a specified amount from the debit side of the account of the person ordering the transfer, pursuant to that person's written order, on the credit side of another account. The reason for this. What does not qualify as such: transferring an amount from one side to the other within the same account.
Arabic original
النقل المصرفي. ماهيته. قيد مبلغ معين من الجانب المدين من حساب الآمر بالنقل بناء على أمر كتابي منه في الجانب الدائن من حساب آخر. علة ذلك. ما لا يعد كذلك: نقل مبلغ من جانب إلى آخر بذات الحساب.Original Arabic judgment citations
(الطعن ٦٣/٩٣ تجاري جلسة ٢٨/١١/١٩٩٣ مج القسم الثالث - المجلد الأول ص ٩٢٠)
Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 106. PDF pages: 106.
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