Tag Archives: Quincecare

Push Payment Fraud – Is there a duty on banks to retrieve lost funds?

Posted on June 4, 2024 by Christopher Wilsher

A recent High Court decision has examined the responsibilities of banks to retrieve funds lost in authorised push payment (“APP”) fraud scams. Readers will recall the 2023 case of Philipp v Barclays, in which the Supreme Court declined to extend …

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Supreme Court’s downplaying of the Quincecare duty does not mean banks are off the hook on customer fraud claims

Posted on July 21, 2023 by Christopher Wilsher

Although the Supreme Court’s decision in Philipp v Barclays has refused to extend the “Quincecare” duty of banks to assist victims of authorised push payment (“APP”) fraud , the new picture which has emerged is not quite the unqualified victory …

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Are banks under a duty to prevent Authorised Push Payment fraud?

Posted on February 25, 2021 by Alice Heathfield

FACTS In 2018, the claimant (Mrs Philipp) and her husband were tricked into sending £700,000 to bank accounts controlled by fraudsters in the United Arab Emirates. Through an elaborate scheme, the fraudsters convinced Philipps that they were agents of the …

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A bank’s Quincecare duty of care

Posted on June 4, 2019 by Christopher Wilsher

In a recent decision, the Commercial Court refused a bank’s application to strike out on the basis that the bank in question owed a Quincecare duty of care to its customer. In The Federal Republic of Nigeria v JP Morgan …

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