Jordan court orders bank to pay borrower
A final judicial ruling was issued by the Court of Cassation on September 7, 2026, affirming that banks do not have the right to deduct or seize the borrower's funds directly and unilaterally from their account, unless there is a specific agreement or the funds are secured by other guarantees. The ruling also clarified that the presence of funds in the borrower's account does not give the bank the right to deduct or seize those funds to settle debts or installments, especially if the repayment date has not yet arrived or if the funds are not deposited as collateral. The bank was ordered to pay the borrower more than 30,000 dinars, in addition to legal fees and interest, after its attempts to appeal this decision failed, making the ruling final and binding. This decision is considered an important precedent in protecting borrowers' rights, as it clearly delineates the limits of banks' procedures regarding customer funds, emphasizing that legal principles prohibit the deduction of funds from personal accounts except through established legal procedures, and not unilaterally by the bank.
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