Last Updated:2025/12/30
Sentence
As
a
banker's
lien
may
arise
in
consequence
of
the
customer's
instruction
to
a
bank
to
open
credits
without
the
need
to
prove
an
unequivocal
act
of
deposition
or
intent
to
deposit
the
documents,
a
banker's
lien
is
likely
to
arise
where
the
bank
is
financing
the
transaction
under
a
documentary
credit
or
for
debt
relating
to
costs
of
TPF
services
provided.
Quizzes for review
As a banker's lien may arise in consequence of the customer's instruction to a bank to open credits without the need to prove an unequivocal act of deposition or intent to deposit the documents, a banker's lien is likely to arise where the bank is financing the transaction under a documentary credit or for debt relating to costs of TPF services provided.
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