Clause 1 (1) gives protection to thepayingbankernotwithstanding that the cheque is not endorsed.
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Indeed, it is almost the only safeguard which remains to himvis-à-vishimself and his own banker, thepayingbanker.
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Clause 1 deals with the position of thepayingbankerthat is, the banker on whom a cheque is drawn, the drawer's banker.
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Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
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