Explain two 2 of the instances citing relevant examples, Financial Management

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Explain two 2 of the instances citing relevant examples

One of the duties of the paying banker is to honour its customer’s payment orders or instructions. However, under certain circumstances, the paying banker is entitled to refuse making such payments. Explain two (2) of the instances (citing relevant examples) when a paying banker can refuse to obey its customer’s payment orders or instructions.

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Financial Management: Explain two 2 of the instances citing relevant examples

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