Showing posts with label Prudential Bank v Chonney Lim. Show all posts
Showing posts with label Prudential Bank v Chonney Lim. Show all posts

Prudential Bank v Chonney Lim GR No. 136371, November 11, 2005

Facts:

Respondent allegedly made 2 deposits in the amount of P34,000 each on the 14th and 15th of March 1988 in his savings account. He availed of the petitioner bank’s automatic transfer system where his savings deposit may be automatically transferred in his checking account in case the latter has insufficient fund to pay for his issued checks. Apparently, respondent received a letter of dishonor for his checks due to insufficient fund. He wrote a letter to the bank opposing their claim that he has an insufficient fund while asserting to have made two separate deposits in the amount of P34,000 to his savings account. The bank denied receiving two separate deposits and verified only that respondent made a deposit only on the 14th of March and that the deposit slip dated March 15 presented by the respondent is merely a copy of the former. Upon presentation of evidence, it was clear that the two separate deposit slips have the same amount but with different denominations stated therein. This was further attested by the bank teller who admitted to have stamped both deposit slips. The lower court decided in favor of the respondent. Upon appeal by the petitioner, the court of appeals affirmed the lower court decision with some modification on the award of damages hence this petition to the Supreme Court.

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