Kuwait Court of Cassation principle number 557

Bank transfer. Its meaning. The bank's undertaking a procedure resulting in the transfer of a sum from one customer's account 592 another account at his request by book entry, whereby the amount is entered on the debit side of the customer ordering the transfer and on the credit side of the account to which the transfer is made. - The bank's use of another intermediary bank. Its consequence. 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 is the one that selected it. Example. - Sale and purchase of foreign currencies:-