My bank payed a payees account cheque to the payee whereupon i had written a two line note on its forefront that that cheque needed my prior permission before payment after performance of a certain contractual between me and the payee or holder of cheque. Despite this noting on the face of cheque the name, amount, date, signatures were mine. Fyi I had issued that cheque for an approx amount as indemnity , receipt only to make it non negotiable until the payee completed the contractual conditions and in case i died he could claim the amount frm my successors by showing them the cheque n fulfilment of contractual obligation on him accordingly. Moreove, since the payee needed time to complete the deal he asked for a '''claused'' cheque as some proof and it was agreed that after completing contractual terms the payee would return me that cheque n that i would issue him a new cheque after adjustment of account which could be more or less than the approx amt fr which the impugned cheque was preliminary issued. Now the question is 'Was the bank wrong in paying this cheque n what remedy do i have to reclaim it from my bank?
The payee has been overpaid n i suspect him to collude with someone in bank who passed this suspicious,invalid cheque with clear noting on its forehead.
The payee has been overpaid n i suspect him to collude with someone in bank who passed this suspicious,invalid cheque with clear noting on its forehead.
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