Swiss Bank Corporation. 68 In Joachimson v. Swiss Bank Corporation the Court of Appeal clarified the reasoning in Xxxxx x. Xxxx and held that a bank’s obligation, and thus liability, to repay a customer is only triggered when there is an actual demand for repayment at the branch of account.69 In support of the conclusion that a bank’s duty to repay does not arise until it receives the instructions to repay, the Court of Appeal relied on the 1876 bills of exchange case, Xxxxxxxxx v.
Swiss Bank Corporation. [1999] 1 Lloyd’s Rep 80 is instructive. It was reviewed by Xxxxxxx X.
Swiss Bank Corporation. San Xxxxxxxxx Xxxxxx has agreed to assign one hundred percent (100%) of its Revolving Commitments and Loans to Bank of Montreal pursuant to Section 9.6.2 of the Credit Agreement.
