Chapter-2 Banking Offences

Section 5: Not to make unauthorised withdrawals or payments

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While withdrawing or making payment from an account maintained with a bank or financial institution, no one shall;

(a) withdraw money, in an unauthorised manner, from another person’s account,

1(b) ………………..

(c) transfer fund, in an unauthorised manner, from the customer’s account or make unauthorised payment therefrom,

1(d) ……………………..

1 Taken out by the First Amendment.

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