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Jordan court orders bank to pay 30,219 dinars
The Court of Cassation upheld a decision holding one of the banks liable to pay the borrower an amount of 30,219 dinars, in addition to fees and interest. The case concerns the rights of the borrower and the bank's manner of handling his funds in the account. The ruling confirmed that the bank does not have the right to deduct or seize the borrower's funds before the due date of the debt. Moreover, the presence of funds in the account does not give the bank the right to prevent the borrower from disposing of or illegally deducting them. The decision considered any breach of this to expose the bank to legal accountability, and the court set new boundaries for the rights of borrowers regarding their bank accounts.
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